Cases since 1965 where DJI was up more than 8%, as now
and V-I, Opct and IP21 were all less than .001.
TABLE 1
If we focus on thise cases where the DJI was up 8% to 10%
and the P-Indicator was positive, we see the following cases.
Date DJI LA/MA P-I Pct-Up
---------------------------------------------------------
---------------------------------------------------------
2/28/2013 14054.49 1.00685 162.5 8.0%
--------------------------------------------------------------------------
#1
6/6/1968 910.13 1.007 82.2 9.6%
6/13/1968 913.86 1.011 95.8 9.5%
6/14/1968 913.62 1.010 88.6 8.6%
RESULT: DJI declined to lower band despite their being no Peerless Sell
--------------------------------------------------------------------------
#2
7/9/1968 920.42 1.015 54.2 8.9%
7/11/1968 922.82 1.017 36.3 8.6%
RESULT: DJI declined to lower band despite their being no Peerless Sell
--------------------------------------------------------------------------
#3
3/10/1972 939.87 1.013 65.7 9.1%
RESULT: DJI declined 3 times to just below lower band
and then rallied to upper band before falling to lower band.
--------------------------------------------------------------------------
#4
6/19/1975 845.35 1.018 70.5 8.6%
DJI rallied to 872.11 and then fell 10%.
---------------------------------------------------------------------------
#5
3/8/1991 2955.2 1.018 192.2 12.8% high
3/13/1991 2955.2 1.013 101.2 12.5% high
3/14/1991 2952.23 1.011 104.8 12.1% high
3/15/1991 2948.27 1.009 58.6 12.3% high
4/2/1991 2945.05 1.009 71.9 10.9% high
Result: Quick DJI decline to 3% lower band.
-----------------------------------------------------------------------------
#6
2/21/1992 3280.19 1.010 19.2 9.5%
Result: DJI decline to 3% lower band.
-----------------------------------------------------------------------------
#7
1/8/1996 5197.68 1.010 95.1 8.1%
RESULT: DJI quickly fell to lower 2% band and then rallied strongly.
------------------------------------------------------------------------------
TABLE 2
All Cases since 1965 where DJI was up more than 8%, as now
and V-I, Opct and IP21 were all less than .001.
Date DJI LA/MA P-I Pct-Up
---------------------------------------------------------
---------------------------------------------------------
2/28/2013 14054.49 1.00685 162.5 8.0%
--------------------------------------------------------------------------
6/6/1968 910.13 1.007 82.2 9.6%
6/13/1968 913.86 1.011 95.8 9.5%
6/14/1968 913.62 1.010 88.6 8.6%
RESULT: DJI declined to lower band despite their being no Peerless Sell
--------------------------------------------------------------------------
7/9/1968 920.42 1.015 54.2 8.9%
7/11/1968 922.82 1.017 36.3 8.6%
RESULT: DJI declined to lower band despite their being no Peerless Sell
--------------------------------------------------------------------------
3/10/1972 939.87 1.013 65.7 9.1%
RESULT: DJI declined 3 times to just below lower band
and then rallied to upper band before falling to lower band.
--------------------------------------------------------------------------
1/12/1973 1039.36 1.011 -125.2 10.0% borderline high
^^^^^^
--------------------------------------------------------------------------
6/19/1975 845.35 1.018 70.5 8.6%
DJI rallied to 872.11 and then fell 10%.
---------------------------------------------------------------------------
10/9/1978 893.19 1.020 -120.0 9.4%
10/10/1978 891.63 1.020 -138.5 8.7%
10/11/1978 901.42 1.031 -125.7 9.3%
10/12/1978 896.74 1.026 -125.3 8.3%
^^^^^^^
----------------------------------------------------------------------------
12/6/1982 1055.65 1.026 21.5 15.9% high
12/7/1982 1056.94 1.027 21.2 14.3% high
12/8/1982 1047.09 1.017 40.8 14.4% high
12/21/1982 1030.26 1.010 -45.8 12.4% high
12/22/1982 1035.04 1.013 0.3 10.9% high
12/23/1982 1045.07 1.021 39.7 12.8% high
12/27/1982 1070.55 1.042 50.4 15.7% high
12/28/1982 1058.87 1.03 17.3 15.2% high
12/30/1982 1047.37 1.014 -15.8 11.3% high
12/31/1982 1046.54 1.013 -16.0 12.4% high
1/4/1983 1046.08 1.012 -1.7 12.2% high
1/5/1983 1044.89 1.011 -4.8 12.5% high
1/6/1983 1070.92 1.036 36.3 14.5% high
----------------------------------------------------------------------------
10/1/1987 2639.2 1.026 -97.1 8.5%
^^^^^
Huge Decline Falls
++++++++++++++++++
-----------------------------------------------------------------------------
10/3/1989 2754.56 1.022 -66.5 11.1% high
^^^^^
Steep and quick decline to lower band follows.
-----------------------------------------------------------------------------
3/8/1991 2955.2 1.018 192.2 12.8% high
3/13/1991 2955.2 1.013 101.2 12.5% high
3/14/1991 2952.23 1.011 104.8 12.1% high
3/15/1991 2948.27 1.009 58.6 12.3% high
4/2/1991 2945.05 1.009 71.9 10.9% high
Result: Quick DJI decline to 3% lower band.
-----------------------------------------------------------------------------
2/21/1992 3280.19 1.010 19.2 9.5%
Result: DJI decline to 3% lower band.
-----------------------------------------------------------------------------
3/20/1992 3276.39 1.007 -95.6 11.6% high
^^^^^^
Result: DJI decline to 3% lower band.
------------------------------------------------------------------------------
1/8/1996 5197.68 1.010 95.1 8.1%
RESULT: DJI quickly fell to lower 2% band and then rallied strongly.
------------------------------------------------------------------------------
5/14/1998 9172.2 1.008 -204.0 9.5%
5/20/1998 9171.48 1.009 -245.2 8.4%
^^^^^^Y
RESULT: DJI quickly fell slighlt below lower band.
-------------------------------------------------------------------------------
4/7/1999 10085.3 1.021 -116.3 9.1%
^^^^^^
RESULT: DJI rallied strongly for another month.
--------------------------------------------------------------------------------
6/16/1999 10784.94 1.009 -46.8 8.3%
^^^^^^
DJI quickly fell to lower 2% band
--------------------------------------------------------------------------------
7/18/2003 9188.15 1.009 -26.4 8.4%
^^^^^
-------------------------------------------------------------------------------
7/3/2007 13577.3 1.008 -108.9 9.7%
^^^^Y^
7/5/2007 13565.84 1.007 -46.0 9.4%
^^^^Y^
7/6/2007 13611.68 1.010 85.04 8.8%
-------------------------------------------------------------------------------
5/20/2009 8422.04 1.016 407.7 11.2% high
5/26/2009 8473.49 1.016 320.3 14.2% high
5/29/2009 8500.33 1.013 323.1 15.8% high
--------------------------------------------------------------------------------
10/21/2009 9949.36 1.014 51 10.6% high
--------------------------------------------------------------------------------
12/13/2011 11954.94 1.009 -295.0 8.1%
^^^^^^
--------------------------------------------------------------------------------
12/30/2011 12217.56 1.012 136.6 11.0% high
1/6/2012 12359.92 1.018 148.5 11.9% high
1/9/2012 12392.69 1.020 179.1 11.2% high
1/11/2012 12449.45 1.022 275.3 10.4% high