As often happens, the partisians who bought in the aftermath of the 1952
Presidential Election year became “bag-holders”. What looked like a good
breakout rally in November petered out a month later, as the DJI fell 10% from
294 to 264 by June 1953.

 

                                                 1953
4/6/53  B14    274.1  .959   P=4.42
6/10/53  B14   263.40  .965  P=-82.7
8/3/53    B12  276.1   1.02
11/5/53  B10   279.1  1.025
12/4/53  B15   282.7  1.016





1952-1953     DJIA AND NYSE A/D LINE AND ITS TREND CHANGE BUYS AND SELLS
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MISSING OBVPCT
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1952-1953  PEERLESS DJI, REGULAR BUYS, SELLS AND INTERNAL STRENGTH INDICATORS
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1952 - 1953ad PEERLESS DJI, EXTREME BEARISH BUYS, SELLS AND INTERNAL STRENGTH INDICATORS