This memorial website was created in memory of our beloved father, brother, husband, friend and writer, richard lion russell. Investors to profit in stocks 1960 and richard russells the dow theory. A tribute to richard russell, who edited dow theory letters for 57. Russell died under hospice care at home after being diagnosed with untreatable ailments, according to a notice from his newsletter. Richard has been writing and publishing the dow theory letters since 1958, and never has he missed an issue. For example, an upward primary trend will be composed of secondary downward trends. Marketwatch richard russell, who was editor of the investment newsletter dow theory letters for 57 years, died nov. Founded by richard russell, the dow theory letters is an investing newsletter services that focuses on technical stock market analysis more about dow theory letters.
Richard russell dow theory letters complete archives for. Dow theory letter 100708 free download as pdf file. Dow theory letter 100708 economic bubble stock market scribd. Russell started his career in finance through a series of articles in barrons newspaper citation needed. The theory is available for free, as well as analysis of it.
Speaking to the current stock market, and dow theory, richard russell agreed with jack and bart schannep of. Accumulation phase the first stage of informed investors to start entering the market with the belief that turning point is inevitable. Articles and extended tributes by other financial writers can be found under the stories tab. The dow theory, simply stated, can be defined as a study of market index averages in an effort to understand the primary trend of a market. Graphiccharts dow jonesdailystockaverages andsalescharts compiledby robertrhea hereare35plateschartingthedailymovementofthe dow jonesindustrialandrailroadaveragesfrom. The most popular piece ive published in 40 years of writing these letters was entitled, rich man, poor man. Here you can download collection of ebooks and articles about dow theory charles dow developed the dowtheory from his analysis of market price action in the late 19th. Russell flew as a combat bombardier on b25 mitchell bombers with the 12th air force during world war ii. Dow theory letters is the oldest service continuously written by one person in the business. Russell has also been cited by bob prechter using the elliott wave principle citation needed. I have had dozens of requests to run this piece again or for permission to reprint it for various business organizations. It is the longest newsletter service continuously published by one person in the investment business.
Richard lion russell july 22, 1924 november 21, 2015 was an american writer on finance. In dow theory, a primary trend is the main direction in which the market is moving. In a recent article, richard russell, 86yearold writer of the dow theory letters, focused on dividend yield as a valuation yardstick. Richard russell began publishing dow theory letters in 1958, and he has been writing the letters ever since never once having skipped a letter. Rich man, poor man the power of compounding rule 2. Richard russell dow theory letters looking back youtube. Conversely, a secondary trend moves in the opposite direction of the primary trend, or as a correction to the primary trend. He published a book named the dow theory today in 1958, summing up his view of the dow theory. By richard russell, dow theory letter making money.
Dow theory financial markets technical analysis scribd. What can one say about my friend richard russell without using a lot of superlatives. Helps subscribers based on the dow theory and other indicators understand the. A tribute to richard russell, who edited dow theory.
420 1309 58 615 349 1438 960 1006 696 424 90 208 1447 343 741 1634 126 68 159 874 1061 1220 804 966 866 1090 1039 1490 776 1269 1566 742 1306 803 846 682 216 161 1484 346 772 17 1125