SEPTEMBER BUY B21s
      1929-2017

(C) 2017 William Schmidt, Ph.D.

                        September Buy B21s. 

                        These have all been reinforcing Buys .  They occur when the NYSE A/D Line makes
                        a 150-day new high in the last week of September with positive IP21 and V-I values. 
                        Below, see all the past 8 completed cases since 1929.  The average gain, assuming
                        one would have bought the DJI on the Buy B21 and then sold the DJI on the next automatic
                        Peerless Sell signal, a whopping big +17.3% profit would have been made.  Only in one
                        case, 1950, would there have been a brief paper loss that almost reached 2%.

                       
It's true that there have only been 8 prior cases.  But like all our Peerless signals
                        they are not arbitrary.  Rather, they make intuitive sense.  We know that Septembers
                        are more likely than any other month to bring weakness in the general market.  Here
                        it is the unusualness of both price and internal strength at this time that makes the market
                        standout as being bullish.  This notion came to me, I remember, as I watched the market
                        rally in September and October 2006.  I did not take the time to make it into a Buy Signal
                        because it was never needed to reverse a Peerless Sell.  But now, I can see its value lies
                        in showing just how bullish the market would seem to be. I will post all the charts for these
                        signals this weekend.  This signal will have to be added to the new Peerless book, which
                        should be done soon.


                                             
September Buy B21s <1>

                      
 Date            la/ma     AROC    P-I    IP21    V-I     OPct    Result                    
                    --------------------------------------------------------------------------------   
                   
9/25/1942  1.023   .424    75  .257   40   .564  Gain = +30.2% S8 on 6/2/1943.
                    9/25/1945  1.017   .643  183  .296  190  .319  Gain = +11.0% S9 on 1/10/1946.
                    9/29/1949  1.009   .244    98  .143   58   .169  Gain = +20.9% S8 on 5/18/1950.
                    9/29/1950  1.016   .498  119  .131  111  .383  Gain = +14.4% S9 on 4/30/1951.
                    9/29/1958  1.016   .488    84  .098   24   .234  Gain = +20.4% S12 on 7/1/1958 
                   
                    9/25/1964  1.019   .633  102  .092   29   .499  Gain =  +7.3% S7 on 5/13/1965
                    9/26/2006  1.017   .400  342  .091   23   .255  Gain =  +6.2% S19 on 1/5/2007
                    9/29/2010  1.026   .934  511  .173  126  .489  Gain = +18.2% S12 on 6/30/2011
                    -----------------------------------------------------------------------------------
                                                                                          
 Avg. Gain =  +17.3%
                   
9/25/2017  1.010   .277  410  .064    56  .471

                  
 <1> There already is another different type of Buy-on-Strength Buy B21 that
                          occurs in the last three months of the year.  This can be easily distinguished from
                          the new B21 by its always taking place at the end of September.  Our new Peerless
                          book will show all the years' charts and list all of each signals' cases and results.