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Time Is Money

 

I received quite a few emails over the past few days expressing concern about the bearish comments by Richard Russell -- author and publisher of the Dow Theory Letters -- which appeared recently in Barron's. The gist of these emails is summed up by reader Dan Colman:

Gary:

Love your column. I imagine that I'm not the first to ask the question but ... do you have any initial thoughts about the interview with Richard Russell in Barron's? He has a very negative outlook on the direction of the markets. Big bear. Does your look at the charts yield similar conclusions? ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,471.58 1,108.86 2,175.81 32.75
Oil *
79.69
UP
126.74
UP
13.23
UP
31.21
UP
0.74
10 Yr
3.28%
SPDR Gold
117.38
+1.23%
+1.21%
+1.46%
+2.31%
Data delayed 20 minutes

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