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Type: Hardcover
Publisher: Simon & Schuster
This copy of Rhea's 131 page book is in Very Good condition with light wear to the edges and light rubbing to the rear cover. The binding is tight. The pages are age-toned but are cleaned and unmarked. This is a first edition, first printing stated.
Robert Rhea was a pioneering figure in the history of Dow Theory. Rhea was a master of "reading" the stock averages along with volume implications. Rhea started his great investment service in 1932. He modestly called his service, "Dow Theory Comment." Rhea’s Dow Theory "voyage" ended with his death in 1939. Rhea published published a newsletters and books containing investment advice based on his study of the Dow Jones averages and charts, which went to a small list of wealthy investors. Rhea correctly determined the bottom of the Depression Bear Market in July of 1932 and advised his clients that the climate was ripe for investment. The book, 'Dow's Theory Applied to Business and Banking' is one of the most important books in the field of charting and pricing analysis of stocks. The book contains analysis of the Dow Jones averages from 1896 to 1938. It examines business cycles and market reaction and movements. It has numerous charts, tables and graphs. Bookseller Inventory # 16179 |
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