PEERLESS and DJIA HISTORY: 1915-2010
by William Schmidt, Ph.D. (C) 2009. 2010
www.tigersoft.com
Last Updated
6/16/2010
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Still undone are the:
Introduction.
Key Indicators and Concepts
Applications of Peerless
The few signals that have not been documented will very soon.
The track record of each back to 1928 will be shown, too.
| Track Record of
Major Buys Buy B1 Buy B2 Buy B4 Buy B5 Buy B6 Buy B7 Buy B8 Buy B9 Buy B10 - Price Breakouts above well-tested resistance. To be documented. Buy B11 - A/D Line fails to confirm a new DJI low. Not sufficiently reliable to use. To be documented.. Buy B12 Buy B13 - Santa Claus Rally To be documented. Buy B14 Buy B15 Buy B16 Buy B17 Buy B18 Buy B19 Buy B20 - Buy at lower band in Presidential Election Year. Generally reliable. To be documented.
|
Track Record of Major Sells Sell S1 Sell S2 Sell at upper band in Presidential Election Year. To be documented. Sell S4 Sell S6 Sell S7 (work in progress) Sell S8 Sell S9 Sell S9/S12 Combinations. Head and Shoulders S10 Sell S10 Sell S12 Sell S9/S12 Combinations.
|
1/18/2010 NYSE A/D Line Behavior in Bull Market following Bear
Markets
1915-1929:
Charts Using Daily Closing Prices and Daily Volume.
Extreme Bearish
Market Mode Signals
New Buy B13 - Santa Claus rally Buy, as discussed on Hotline
1/14/2009
List of All Signals - Verified 1929-2010
I am checking the list of signals carefully and where a change of programming
is needed, I am making it. The most important changes are:
1) Addition of qualified B13-Santa Claus Buys,
2) Making Sell S9s and S12s be nullified in the aftermath of a Buy B12/Buy B13
take-off, as in 1932 and 1933
3) Additional remarks about whent to Switch to Extreme Bearish Mode:
1929, 1937 - When DJI falls more than 20% in under 2 months.
4) Switch also to normal Peerless mode after Buy
B8 in Extreme Bearish Mode
as well as when DJI recovers back above the 40% down level in 10 months.
1932, 1932-33
High volume take-off confirms this signal.
Buy B8 - DJI closes between 3.5% and 4% lower band
IP21>+.032 and OPMA>+.054 DJI closes more than 8% below its ma with
an OPCT>0 and an annualized ROC above -.20 but below -1.1
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12/13/2009
Again, thanks to each of you for your purchase and
confidence in the value of my work.
There is more to do. But each of the years and
half-years from 1928 to 2009 are shown with
technical comments. In many cases, especially
more recently, I have added other factors that impacted the
DJI and market fluctuations for that year. The role
of the FED is very important. The data for the period
1915-1928 does not have that daily highs and lows,
advances and decliens, and up stocks' volume
and down stocks' volume. But we produce
that charrts this comiong week. You should also understand
that the data for the Up Stocks' volume and
Down Stocks' volume on the NYSE started in late 1965.
So we have simply apportioned total volume by
the ratio of advances to declines for the period 1928-1965.
Since our major indicators do not use this, it
should not matter.
DJI HISTORY, PEERLESS SIGNALS,
ANNOTATED CHARTS, COMMENTS: 1915 - 2009
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Part I
1915-1928: 1915-1929: Charts Using Daily Closing Prices and Daily Volume.
Part II 1928-1965:
1928-1929
Presidential Election Year's Victors' Celebration
Race to The September 1929 Top. It Was Not Exceeded until January 1954
Dow Industrials: 1929-1933 Bear Market
1929 Top and
Crash
1929-1930 48%
Recovery and Collapse
1930 Dangerous
Weakness. A Good Place To Learn The Correct Peerless Rules.
1930-1931 Bear
Market
1931 Bear Market
1931-1932 Bear
Market
1932 First Bottom
and DJI Rallies 100% - - Presidential Election Year B8 Take-Off
Dow Industrials: 1933-1937 Bull Market
1932-1933 Retest of
Lows and FDR Innaugurated
1933 Second
Bottom and Start of A Bull Market B8 Take-Off
1933-1934 Bull
Market Starts
1934 Bull Market
1934-1935 Bull
Market
1935 Big Bull
Market Advance
1935-1936 Bull
Market
1936 Bull Market
- Presidential Election Year
1936-1937 Bull
Market Ends and First Top
Dow
Industrials: 1937-1938 Bear Market
1937 Second Top
and Bear Market
1937-1938 Bear
Market and Bottom
Dow
Industrials: 1938-1939 Bull Market
1938 Bull Market
1938-1939
Bull Market
Dow
Industrials: 1939-1942 Bear Market
Dow Industrials: 1939-1942 Bear Market

red line 50 DMA; green line 200 DMA
See http://www.fiendbear.com/bear1939.htm
1939 - Top 1939-1940 Second Top 1940 Bear Market - Presidential Election Year Moderates Decline 1940-1941 Bear Market 1941 Bear Market - Pearl Harbor and Start of World War II 1941-1942 Bear Market and V-Bottom Dow Industrials: 1942-1946 Bull Market 1942 - Battle of Midway and Bull Market 1942-1943 - Bull Market 1943 - Bull Market 1943-1944 - Bull Market 1944 - Bull Market 1944-1945 Bull Market 1945 - Bull Market 1945-1946 Bull Market and Top Dow Industrials: 1946-1949 Bear Market and Failed Rallies 1946 - Top and Bear Market - Perfect Head and Shoulders Top 1946-1947 Attempted Bottom 1947 Weakness 1947-1948 Attempted Bottom 1948 Presidential Election Year's Flat Trading Range 1948-1949 Bear Market and Retest of Lows Dow Industrials: 1949-1952 Bull Market 1949 - V-Bottom and Recovery 1949-1950 Bull Market - Korean War Starts 1950 - Bull Market 1950-1951 Bull Market 1951 - Bull Market 1951-1952 - Bull Market 1952 - Presidential Election Year's Flat Trading Range Dow Industrials: 1953 Bear Market 1952-1953 - Post Election Victors' Rally, Top and Decline 1953 - Shallow Bear Market and Bottom Dow Industrials: 1953-1957Bull Market 1953-1954 Bottom and New Bull Market 1954 - Big Bull Market Advance 1954-1955 - Big Bull Market Advance 1955 - Bull Market 1955-1956 - Bull Market 1956 - Presidential Election Year's Flat Trading Range 1956-1957 - Post Election Victors' Rally Dow Industrials: 1957 Bear Market 1957 - Top and Bear Market Dow Industrials: 1957-1959 Bull Market 1957-1958 Bear Market and Bottom 1958 - Big Bull Market 1958-1959 - Big Bull Market 1959 - First Top Dow Industrials: 1960 Bear Market 1959-1960 Top and Bear Market 1960- Bear Market in A Presidential Election Year Dow Industrials: 1960-1962 Bull Market 1960-1961 - Bottom and Bull Market 1961 - Bull Market 1961-1962 Top - Perfect Head and Shoulders Pattern Dow Industrials: 1962 Bear Market 1962 - Bear Market - Cuban Missle Crisis Dow Industrials: 1962-1966 Bull Market 1962-1963 Bottom and Start of New Bull Market 1963- Bull Market - JFK Assassination 1963-1964 Bull Market 1964 - Bull Market and Presidential Election Year 1964-1965 - Bull Market 1965 - Bull Market 1965-2009 Here we have accurate NYSE up and Down volume. Previous to 1965, it had to be estimated using the ratio of advances to decline and total NYSE volume. Dow Industrials: 1966 Bear Market 1966 Bear Market Dow Industrials: 1966-1968 Bull Market 1966-1967 1967 1967-1968 1968 Dow Industrials: 1969-1970 Bear Market 1968-1969 1969 1969-1970 1970 Dow Industrials: 1970-1972 Bull Market 1970-1971 1971 1971-1972 1972 Dow Industrials: 1973-1974 Bear Market See - http://www.fiendbear.com/bear1973.htm
1972-1973 1973 1973-1974 1974 Dow Industrials: 1974-1976 Bull Market 1974-1975 1975 1975-1976 1976 Dow Industrials: 1977-1978 Bear Market 1976-1977 1977 1977-1978 Dow Industrials: 1978-1980 Bull Markets and Mini-Crashes 1978 1978-1979 1979 1979-1980 1980 Dow Industrials: 1981-1982 Bear Market 1980-1981 1981 1981-1982 1982 Dow Industrials: 1982-1987 Bull Market 1982-1983 1983 1983-1984 1984 1984-1985 1985 1985-1986 1986 1986-1987 1987 Dow Industrials: 1987 Bear Market 1987-1988 Dow Industrials: 1988 - 1990 Bull Market 1988 1988-1989 1989 1989-1990 Dow Industrials: 1990 Bear Market 1990 1990-1991 Dow Industrials: 1991 - 1994 Bull Market 1991 1991-1992 1991-1992 1992 1992-1993 1993 1993-1994 Dow Industrials: 1994 Bear Market 1994 Dow Industrials: 1994 - 1998 Bull Market 1994-1995 1995 1995-1996 1966 1996-1997 1997 1997-1998 Dow Industrials: 1998 Bear Market 1998 Dow Industrials: 1998 - 2000 Bull Market 1998-1999 1999 1999-2000 Dow Industrials: 2000-2003 Bear Market 2000 2000-2001 2001 2001-2002 2002 2002-2003 Dow Industrials: 2003 - 2007 Bull Market 2003 2003-2004 2004 2004-2005 2005 2005-2006 2006 2006-2007 2007 Dow Industrials: 2007-2009 Bear Market 2007-2008 2008 2008-2009 Dow Industrials: 2009 - 2010 Bull Market There is a lot to learn from going through the years, one by one. So, this should be of considerable help. Each chart has comments on it. These comments will be taken and indexed so that they can be looked up. The basic concepts in these chart notes will also be written up in separate chapers.. I want to show how someone without Peerles could also use many of the basic concepts. These include price charts, seasonality, Fed actions, the direction of the 65-day ma (a quarter's trading) AND most important, the NYSE A/D Line. But we want to do much more. The next task will be to provide a list of all the automatic signals and the results by each signal. Most of the signals have been described and the trading results of each signal given, but they all need to be done and each of the signals must be checked out against the master list of signals, which will be posted here by next weekend. For now, see the write-up of the signals below.
| Track Record of Major Buys Buy B1 Buy B2 Buy B4 Buy B5 Buy B6 Buy B7 Buy B8 Buy B9 Buy B10 - Price Breakouts above well-tested resistance. To be documented. Buy B11 - A/D Line fails to confirm a new DJI low. Not sufficiently reliable to use. To be documented.. Buy B12 Buy B13 - Santa Claus Rally To be documented. Buy B14 Buy B15 Buy B16 Buy B17 Buy B18 Buy B19 Buy B20 - Buy at lower band in Presidential Election Year. Generally reliable. To be documented. |
Track Record Major Sells Sell S1 Sell S2 Sell at upper band in Presidential Election Year. To be documented. Sell S4 Sell S6 Sell S7 To be documented. Sell S8 To be documented. Sell S9 Head and Shoulders S10 Sell S10 |
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Bear Markets of the Past 100 Years
Beginning Date Ending Date Dow Industrials Loss -------------- ------------- ------------------ ---- Sep. 5, 1899 Sep. 24, 1900 77.61 to 52.96 -32% Jun. 12, 1901 Nov. 9, 1903 78.26 to 42.15 -46% Jan. 19, 1906 Nov. 15, 1907 103.00 to 53.00 -49% Nov. 19, 1909 Sep. 25, 1911 100.53 to 72.94 -27% Sep. 30, 1912 Jul. 30, 1914 94.15 to 71.42 -24% Nov. 21, 1916 Dec. 19, 1917 110.15 to 65.95 -40% Nov. 3, 1919 Aug. 24, 1921 119.62 to 63.90 -47% Sep. 3, 1929 Jul. 8, 1932 381.17 to 41.22 -89% Mar. 10, 1937 Mar. 31, 1938 194.40 to 98.95 -49% Nov. 12, 1938 Apr. 8, 1939 158.41 to 121.44 -23% Sep. 12, 1939 Apr. 28, 1942 155.92 to 92.92 -40% May. 29, 1946 Jun. 13, 1949 212.50 to 161.60 -24% Apr. 6, 1956 Oct. 22, 1957 521.05 to 419.79 -19% Jan. 5, 1960 Oct. 25, 1960 685.47 to 566.05 -17% Dec. 13, 1961 Jun. 26, 1962 734.91 to 535.76 -27% Feb. 9, 1966 Oct. 7, 1966 995.15 to 744.32 -25% Dec. 3, 1968 May. 26, 1970 985.21 to 631.16 -36% Jan. 11, 1973 Dec. 6, 1974 1051.70 to 577.60 -45% Sep. 21, 1976 Feb. 28, 1978 1014.79 to 742.12 -27% Apr. 27, 1981 Aug. 12, 1982 1024.05 to 776.92 -24% Aug. 25, 1987 Oct. 19, 1987 2722.42 to 1738.74 -36% Jul. 16, 1990 Oct. 11, 1990 2999.75 to 2365.10 -21% (Source: http://www.fiendbear.com/bearenc1.htm )