Dow an advocate of value trading?

It seems so.


Dow concludes one his editorials with the statement 'To know values is to comprehend the meanings of movements in the market."

More details are posted in http://nrao-sapm-handbook.blogspot.com/2007/12/technical-analysis-topic-1.html

Dow Theory and Editorials of Dow -Nelson's Book

This topic was covered in detail in my blog Handbook of Security Analysis in the post

http://nrao-sapm-handbook.blogspot.com/2007/12/technical-analysis-topic-1.html