ABSTRACT
By contrast, the investment of $100, if bought at the low, 29.64, and sold at the historic high, 11762.71, in January 2000 would have grown to $39,685.03.
I am indebted to Jack Schannep of
The Dow Theory.Com
(www.thedowtheory. com) for the data recapitulated here. At that URL an enlightening exposition of the Theory and its record may be found — much more complete than that which is found here outside of Edwards’ magisterial presentation.
