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stock certificate Ah. Peace. Quiet. Solitude. No, I am not talking about the cottage. I am talking about a career as a professional hermit: a writer, a stay-at-home-dad and an online marketing geek. Although the Dow Theory has withstood the test of time and has been most efficient in timing the market over the last one hundred years, it remains one of the most misquoted and misinterpreted market-timing methodology to this day. The Dow Theory is actually based on a series of stock market writings written by Charles Dow (founder of the Wall Street Journal) at the turn of the century, with a major emphasis on valuations and the primary trend. After Dow passed away, William Hamilton (Dow's understudy) continued Dow's writings. The Dow Theory, as interpreted by William Hamilton, forms the basis of all technical analysis today. Other notable mentions who wrote about the Dow Theory were Robert Rhea, E. George Schaefer, and Richard Russell - the last living great Dow Theorist.
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