Richard Russell: The Verdict Is In - It’s a Bear
February 23, 2009 at 00:10 AM EST
Source: Richard Russell, Dow Theory Letters The verdict, at long last, is in. Today the D-J Industrial Average closed below its November 20 bear market low. In so doing, the Dow confirmed the prior breakdown of the Transportation Average. The two Averages jointly closed at new lows today, thereby signaling that the…
