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Iwnattos explains Dow Theory

And he does it well, right here. My fave line is…

you can ignore all blogs from now on

…because it’s true. He also makes Business Insider look stupid along the way. Which is good. Because it’s run by a liar and a crook. But seriously, the Iwnattos post does a good job in explaining the bones of Dow Theory. The real bones, not the neatly-selected-pieces-of-Dow-Theory that charlatans use to justify their stupid calls on the market. Go have a read

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