Divorcing the Dow (PDF)

An investment approach that unlocks the secret of marketpatterns
Based on over forty years of combined author experience asportfolio managers and financial advisors, Divorcing the Dowpresents a timely framework for understanding and investing inmarket cycles. Authors Jim Troup and Sharon Michalsky believe thatthe Dow Jones Industrial Average is no longer a relevant indicatorof market performance; in fact, they feel that watching the Dow mayactually obscure indications that the financial markets are poisedto experience a boom that dwarfs anything seen before. Based onin-depth research and field-tested in their own successfulmanagement of millions of dollars in personal and corporate assets,Divorcing the Dow introduces investors to a revolutionary paradigmfor assessing the markets and making investment decisions. Troupand Michalsky's approach focuses on analyzing patterns ofproductivity as a way to anticipate market cycles and investmentpotential-and with this book they've outlined how investors canbegin to recognize these patterns themselves. Divorcing the Dowprovides investors with a new framework for thinking aboutfinancial markets and gives readers specific investment techniquesto anticipate the market's direction and identify companies poisedfor sustained productivity and long-term growth.

Jim Troup (Sarasota, FL) is First Vice President, FinancialConsultant, Portfolio Manager, and Corporate Client Group Directorat Smith Barney. A twenty-four-year finance veteran, Troup hasworked with leading investment firms including E.F. Hutton andMerrill Lynch, and lectures extensively on portfolio management andasset allocation.

SHARON MICHALSKY is First Vice President, Financial Consultant,Portfolio Manager, Corporate Client Group Director at Smith Barney,where she began her career nineteen years ago. She has attended TheWharton School and is the guest speaker at many professional forumswhere she lectures on investment methodology and portfoliomanagement.