RED
SCARE and 1949 BOTTOM
June 8 - Red Scare: Such celebrities as Helen Keller, Dorothy Parker,
Danny Kaye, Fredric March,
John Garfield,
Paul Muni and Edward
G. Robinson are named in an FBI
report as Communist
Party members.
1949 DJIA AND NYSE A/D LINE AND ITS TREND CHANGE BUYS AND SELLS






1949 PEERLESS DJI, REGULAR BUYS, SELLS AND INTERNAL STRENGTH INDICATORS

Buy B14s occur when there is a very high ratio of advancing NYSE volume
to declining volume.
A Buy B14 called the bottom in
June. Buy 14;s have a good track record.
4/8/68 4.7%
1/28/82 -4.6%
6/20/82 23.8%
1/2/87 23.6%
1/5/87 21.3%
1/4/88 3.7%
5/31/88 35.6%
5/11/90 6.4%
6/15/06
.
Switch to bullish mode after B14. The chart
below shows a price
breakout above well-tested resistance above 185. That
represented
a base for a better assault on the earlier resistance between 185 and 195.

1949 PEERLESS DJI, EXTREME BEARISH BUYS, SELLS AND INTERNAL STRENGTH INDICATORS

1949
ˇ January 25 - Forces from the Communist Party of China enter Peking.
Cease-fire in Palestine (Jan. 7). Truman proposes Point Four Program to help world's less developed areas (Jan. 20). Israel signs armistice with Egypt (Feb. 24).
ˇ February 8 - Cardinal
Mindszenty of Hungary
is sentenced to life imprisonment for treason against the Hungarian Communist government.
March 1 - Indonesia
seizes Yogyakarta
from the Dutch.
March 25 - The
extensive deportation campaign was conducted in Estonia, Latvia and Lithuania. The Soviet
authorities deported more than 92,000 people from Baltics to remote areas of the Soviet
Union.
ˇ March 28 - United States Secretary of Defense James
Forrestal resigns suddenly.
ˇ April 23 - Chinese communist troops take Nanking
May 12 - Cold War: The Soviet Union
lifts its Blockade
of Berlin.
May 22 - After two months
in Bethesda Naval Hospital, James
Forrestal commits suicide,
under circumstances that seem suspicious to many.
June 8
- Red
Scare: Such celebrities as Helen Keller, Dorothy Parker,
Danny Kaye, Fredric March,
John Garfield,
Paul Muni and Edward
G. Robinson are named in an FBI
report as Communist
Party members.
ˇ June 29 - Last US troops withdraw from South Korea
ˇ June 29 - Beginning of Apartheid - The South African
Citizenship Act suspends the granting of citizenship to British Commonwealth immigrants after five years and
imposes a ban on mixed marriages
July 20 - Israel
and Syria sign a truce to
end their nineteen-month war. (BIG)
ˇ August 29 - Soviet Union tests its first atomic bomb, code
named "Joe 1." Its design imitated the American plutonium bomb that was dropped
on Nagasaki in 1945.
September 6 - Allied
military authorities relinquish control of former Nazi Germany
assets back to German
control.
September 13
- Soviet Union
vetoes United
Nations membership of Ceylon,
Finland, Iceland, Italy, Jordan and Portugal.
September 24
- Laszlo Rajk,
ex-foreign minister of Hungary,
is sentenced to death.
October
1 - Birth of the People's Republic of China.
ˇ October 16 - Civil war ends in Greece - communist troops surrender
ˇ October 17 - Chinese communist troops take Canton, China
ˇ October 27 - Chinese communist troops fail to take Kinmen in the Battle
of Kuningtou. Communist advance towards Taiwan is halted.
December 8 -
Nationalist Chinese finish their evacuation to Taiwan.
ˇ December 14 - Traicho Kostov,
ex-vice prime minister of Bulgaria,
is sentenced to death.
September 6 - Allied
military authorities relinquish control of former Nazi Germany
assets back to German
control.
September 13
- Soviet Union
vetoes United
Nations membership of Ceylon,
Finland, Iceland, Italy, Jordan and Portugal.
September 24
- Laszlo Rajk,
ex-foreign minister of Hungary,
is sentenced to death.
October
1 - Birth of the People's Republic of China.
ˇ October 16 - Civil war ends in Greece - communist troops surrender
ˇ October 17 - Chinese communist troops take Canton, China
ˇ October 27 - Chinese communist troops fail to take Kinmen in the Battle
of Kuningtou. Communist advance towards Taiwan is halted.
December 8 -
Nationalist Chinese finish their evacuation to Taiwan.
ˇ December 14 - Traicho Kostov,
ex-vice prime minister of Bulgaria,
is sentenced to death.