Dow Theory Is a Method of Predicting Future Market Movements

question 69

Multiple Choice

Dow theory is a method of predicting future market movements based on which of the following Dow Jones averages?
I. industrial
II. transportation
III. utilities
IV. commodities

• A)I and II only
• B)II and III only
• C)III and IV only
• D)I and IV only
• E)I, II, and III only

---

Definitions:

Res Ipsa Loquitur

A legal doctrine that infers negligence on the part of the defendant when the accident that caused the injury is one that ordinarily does not occur in the absence of negligence.

Negligence

The failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances.

Crab Salad

A dish typically made with crab meat, mayonnaise, and various other ingredients such as celery, onion, and seasonings.

Agony of the Moment

An intense, often fleeting emotional response to a particularly stressful or traumatic experience.