Charles Dow Postulated That Share Price Movements Followed Three Types

question 23

True/False

Charles Dow postulated that share price movements followed three types of behavior patterns over time,namely;pricing follows major trends,intermediate trends and long term trends.

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Definitions:

Certify A Check

Is the process by which a bank confirms that there are sufficient funds in the check writer's account to cover the amount written on the check, and so guarantees its payment.

Dishonor

The refusal or failure to accept or pay a bill of exchange, promissory note, or other negotiable instrument when due.

Primary Liability

The direct responsibility to pay or compensate for a loss or damage, without the necessity to seek contribution from others.

Cashier's Checks

A check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier.