FIN 351 TEXT QUIZ CHAPTER 9

6. Divergence between advances and declines in a breadth of the market indicator and the Dow Jones
Industrial Average may signal a reversing trend in the market.
True False
7. Mutual fund cash positions and trading by insiders are not generally reliable indicators of market health
or activity.
True False
8. Technical analysis assumes that many chart patterns tend to repeat themselves.
True False
9. The Dow Theory puts emphasis on long run trends.
True False
10. A support level signals new demand.
True False

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