An indicator of the general direction of the stock market based on the rate of inflation and the price to earnings ratio of the Dow Jones Industrial Average. To apply the rule of 18, add the rate of inflation and the P/E ratio of the Dow. If the sum is more than 18, the market is expected to decline. If the sum is less than 18, the market is expected to go higher.
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Jun 12, 2012 ... The historical technique is called the rule of 18, and it involves successively dividing the scale length minus the offset to the previous fret by 18.
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A rule whereby the sum of the inflation rate and the P/E ratio of the Dow Jones Industrial Average is an indicator of the direction of the stock market. If the total is ...
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Jun 24, 2007 ... Two methods are shown to calculate fret positions on stringed instruments: one known loosely as the Rule of 18 and the other as the 12th root ...
- Rule of 18 - Financial Dictionary - The Free Dictionary
A general investing rule stating that the sum of the inflation rate and the price- earnings ratio of the Dow Jones Industrial Average determines the general trend of ...
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