A principal weakness of the dow theory is a its use

This preview shows page 3 - 6 out of 13 pages.

12.A principal weakness of the Dow Theory is:A)its use of averages instead of indexes.B)its attention to general market movements.C)that it pays too much attention to primary trends.D)the many versions that are available.Ans: D
13.Which of the following is true regarding the resistance level?
14.Volume and specific calendar time are not considered important in a:
15.One rule of thumb is that a stock is attractive when the relative strength has improvedfor at least ______ months.
Page 3
16.Corrections are often followed by ________.A)channel lines.B)momentum.C)reversals.D)consolidation.Ans: D
17.What is usually shown at the bottom of a bar chart?
18.Which of the following is a characteristic of the short interest ratio:It is:
19.The advance-decline line:
20.A high short interest ratio is generally interpreted as:A)a bullish signal.B)evidence of a downside breakout.C)a bearish signal.D)evidence of the presence of odd-lotters.Ans: A
Page 4
21.A daily accumulation of stocks advancing or declining is used in:
22.Which of the following is not a contrary trading rule?
23.The short interest ratio is found by dividing the number of shares sold short by theaverage:

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 13 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Spring
Professor
Thomas
Tags

Newly Uploaded Documents

Show More

Newly Uploaded Documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture