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The Dow Theory Describes Stock Prices as Moving in Trends

Question 77

Multiple Choice

The Dow Theory describes stock prices as moving in trends analogous to the movement of water.Which of the following statements is not true?


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 (that is, all are true statements)

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