Dow Theory - Value Markers?

Discussion in 'Trading' started by dominover, Sep 19, 2018.

  1. dominover

    dominover

    On of the Dow Theory proponents (I think it was Rhea) talks about using value markers such as Return on Investment to determine market tops and bottoms.

    What markers is he actually talking about?
    I have heard that the reciprocal of the P/E ration is sometimes used (earnings yield).
    But what is meant by the Return on Investment in stock trading terms and what other simple markers are used to help determine market tops and bottoms?

    Thanks
     
  2. probably, 8 more months, markets would top.
     
  3. dominover

    dominover

    "markers" ??
     
  4. dominover

    dominover

    Does anyone have any clue about what I've asked above?