The Dow Theory Describes Stock Prices Are Moving in Trends

question 37

Multiple Choice

The Dow theory describes stock prices are moving in trends analogous to the movement of water. Which of the following is incorrect?

• A) major trends resemble tides.
• B) intermediate trends resemble waves.
• C) short-run movements are like ripples.
• D) waves are the most important.
• E) none of the above.

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Definitions:

Resistance

In the context of electricity, it is the opposition that a material offers to the flow of electric current, typically measured in ohms.

Dial Caliper

A precision measuring tool that uses a dial to indicate the distance between its jaws, enabling highly accurate measurements of length, depth, or diameter.

Component's

Pertaining to the individual parts or elements that make up a larger system or assembly.

Inside Size

The interior dimensions of a space or object, often referring to the habitable room or cargo space within a vehicle or any container.