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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (47653)	4/21/2000 11:55:00 PM
From: Casaubon	Read Replies (1) \| Respond to of 99985

some interesting stats: year washout bull alert bull confirmed months to top 1986 september december january87 +1 (feb87) 1987 october november december +3 (mar88) 1990 august november january91 +2 (mar91) 1992 april may july +3 (dec92) 1994 april may august +12(aug95) 1996 july august august +14(oct97) 1997 april may may +5 (oct97) 1998 september september october +4 (feb99) 2000 march ? ? ? if someone could provide %change from tops to bottoms and bottoms to tops, for the BTK, during these periods that would be great. I don't have the data. If noone mentions anything, I will try to come by the data and post. only washout levels where the bullish percent charts reached 10% buy signals or lower were considered. This is the washout level for the biotech sector. edit: it would seem tax selling washouts in the BTK is a common occurence edit: months to top does not mean the price top. It means the point at which the maximum number of stocks were generating buy signals via P&F charting, before the charts moved back down and sell signals took over again.