1979
             For some reason the FED increased the Discount Rate four times from  July to October 1979, not earlier
    in that year.  This was similar to 1978 when they raised rates on five occasions from July to November 1st.
    The outcome was the same, a mini-Crash of 11.5% in the DJIA in a month, compared to a 13.5% deckine in
    nine weeks in 1978.  In both cases, NYSE breadth deteriorated to the point where the P-Indicator was negative
    as the DJIA made a new high near the upper band after a six-month rally.  The only difference was that the
    Accumulation Index was still positive at this pivot point in 1979, whereas in 1978 it was negative, which added a
    small measure of additional bearishness to the situation.
 

                                             7/29/1979                                  10.0%
                                           8/17/1979                                  10.5%
                                            9/19/1979                                 11.0% Fed determined to drop the market.
                                           10/8/1979                                  12.0%