What role does volume play in dow theory - according to dow


a. What role does volume play in Dow Theory?

b. According to Dow Theory, what signals would an investor watch for that would indicate a reversal in the primary trend?

c. One of the criticisms of Dow Theory is that it calls market reversals long after they occur. Explain why Dow Theory makes these market calls late. What are the trade-offs that investors make with a system that tends to make late calls of market reversals?

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