The Dow Theory (Fraser Publishing Library) [Paperback]

Robert Rhea (Author)

Book Description

Publication Date: July 1, 1994

Published by Barron's in 1932, this is an explanation of Dow Theory development and an attempt to define its usefulness as an aid to speculation. Rhea carefully studied 252 editorials of Charles H. Dow and William Peter Hamilton in order to present Dow Theory in terms that would be useful for the individual investor.

Product Details

• Paperback: 252 pages
• Publisher: Fraser Publishing Co. (July 1, 1994)
• Language: English
• ISBN-10: 0870341103
• ISBN-13: 978-0870341106
• Product Dimensions: 8.9 x 6 x 0.8 inches
• Shipping Weight: 2.3 pounds (View shipping rates and policies)
• Average Customer Review: 3.7 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #411,442 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

30 of 30 people found the following review helpful:

5.0 out of 5 stars Excellent book, a must read for the serious investor., January 4, 1999

By A Customer

This review is from: The Dow Theory (Fraser Publishing Library) (Paperback)

This book is the best of the Dow Theory books. A must read for the serious investor and those who have a clue about value and its relation to stocks in general. Those who do not learn from history are destined to repeat it. Their will always be periods when it is said, "This is a new age" but human nature does not change, nor does fear and greed. If one has any money in stocks one should read and reread this book. As a former Registered Principal, Registered Investment Advisor, Stock Broker and Certified Financial Planner I have found nothing better to determine when to ignore value and watch momemtum and or the Fisher Approach v.s. Graham and Dodd. And conversely when value becomes of upmost importance and asset allocation to stocks should be reduced. Sometimes the simple approach is best. Too much complexity can only obscure the issue.

3 of 3 people found the following review helpful:

5.0 out of 5 stars Excellent for those who want more info on the Dow Theory, October 18, 2004

By 

Robert - See all my reviews

This review is from: The Dow Theory (Fraser Publishing Library) (Paperback)

If you liked "Reminiscences of a Stock Operator" then you'll love this one too. It's not about the wonderful first-hand stories and lessons of "Reminiscences" but for the outstanding insights and information on a very workable theory plus the charming writing style used. Highly recommended.

10 of 15 people found the following review helpful:

2.0 out of 5 stars good for history buffs, November 30, 2000

By 

B. Leong "Clark" (Milpitas, Ca United States) - See all my reviews
(REAL NAME)   

This review is from: The Dow Theory (Fraser Publishing Library) (Paperback)

This is great for those wishing to know about the historical origins of the dow theory, but practically useless for those who want to understand how to apply the dow theory.

As one example, there are no graphs or table data on the rail averages (but there are for the djia) which is considered half of what is necessary for the dow theory.