Richard Russell
Richard Russell is one of the most respected financial writer in history.
- Most well known for writing the Dow Theory Letters for almost 60 years
- Most famous writing was a letter title: "Rich Man, Poor Man"
- Famous for saying, "A strong bearish signal occurs when a market recovers from an early decline but is unable to end the session with a positive close"
- in summary - “seal the deal”
- Suggests a lack of true buying power