Siddhesh Joshi (Editor)

Richard Russell (Dow Theory)

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Occupation  Writer
Name  Richard Russell
Genre  Finance

Citizenship  American
Nationality  American
Role  Writer
Richard Russell (Dow Theory) static5businessinsidercomimage4f4d22196bb3f7ed

Born  Richard Lion RussellJuly 22, 1924New York, New York (1924-07-22)
Alma mater  Rutgers UniversityNew York University
Children  Betsy RussellLauren Bedford Russell
Died  November 21, 2015, La Jolla, San Diego, California, United States
Books  The Dow Theory Today, The Powerful Secret of a Miracle, Reunion
Education  New York University, Rutgers University

Gold is the safest currency richard russell

Richard Lion Russell (July 22, 1924 – November 21, 2015) was an American writer on finance.


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Life and career

Russell was born in New York, the son of Hortense (Lion) Russell, a novelist, and Henry Harold Russell, a civil engineer. Russell educated at Rutgers and received his BA at NYU. Russell flew as a combat bombardier on B-25 Mitchell Bombers with the 12th Air Force during World War II.

He began publishing a newsletter called the Dow Theory Letters in 1958. The Letters cover his views on the stock market and the precious metal markets. In addition he frequently shares episodes in his life and thoughts about the world as he sees it, following the stock market since the 1950s.

Stock analyst Robert Prechter wrote in his 1997 book: “Russell has made many exceptional market calls. He recommended gold stocks in 1960, called the top of the great bull market in stocks in 1966 and announced the end of the great bear market in December 1974.”

In 1969 Russell devised the Primary Trend Index, composed of eight market indicators that he never publicly divulged -- his own secret recipe. When his index outperformed an 89-day moving average, it was time to buy. When it underperformed the 89-day moving average, a bear market was at hand.

The Letters, published every three weeks (, cover the US stock market, foreign markets, bonds, precious metals, commodities, economics plus Russell's comments and observations and stock market philosophy. Russell also wrote daily entries (Richard's Remarks) about 4 times a week on his website. Russell started his career in finance through a series of articles in Barrons newspaper. He published a book named The Dow Theory Today in 1958, summing up his view of the Dow Theory. Russell has also been cited by Bob Prechter using the Elliott wave principle. Russell also produces chart books showing technical analysis and important events which occur each year. The chart books are further described on his website.

As of 2015, Dow Theory Letters was the longest-running service continuously written by one person in the business. . Russell died in La Jolla, California on November 21, 2015.


Richard Russell (Dow Theory) Wikipedia