Cases since 1928 when DJI was 2.3% to 2.5% below its 21-day
with Positive Peerless P-Indicator and Accumulation Index Readings.

Outcome: 4 up 3 down

Date                      la/ma       MA-ROC   P-I            IP21    V-I   Opct
9/9/2011               .976            .288        100 -31   .038     -88 .126     below 200-day ma
Outcome - rally to apex of right shoulder in H/S oattern

4/10/96                 .976            -.201            6 -60   .042     -15 -.077
DJI rose immediately.

1/8/88                  .975            .261          185 -95   .118      14   .304     below 200-day ma
DJI rose immediately

11/18/86              .975             .04            18 -22    .061       0     .021
DJI rose immediately.

11/25/58              .977             .022          25 -9      .039     -173 .248
DJI rose immediately.

3/17/1939            .976          -.057         17 -34    .008       -30 .016     below 200-day ma
DJI fell from 143.90 to 124.00 on 4/10/1939

H/S Pattern warns of big trouble.
http://en.wikipedia.org/wiki/German_occupation_of_Czechoslovakia

DATA3839.BMP (1920054 bytes)


2/3/1932             .976          1.058        50 -1      .057       110 .071 below 200-day ma
DJI fell from 78.30 to 71.80.

Here the B9 would have been  not used because the market mode would then have
been "Extreme Bearish".


11/16/1931        .977          .679           2 -19     .077       -56 .076 below 200-day ma
DJI immediately fell from 104.80 to 71.20 on 1/5/

Here the B9 would have been  not used because the market mode would then have
been "Extreme Bearish".