SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (18931)9/15/2000 11:04:45 PM
From: Terry Whitman  Read Replies (1) | Respond to of 436258
 
Read the link numbskull. <g>

Message 14379510
>One of the most important elements of a completed Sign of the Bear signal is that the number of consecutive days of churning must end with a down day. In other words the streak must end with a single day advance decline ratio below 0.65 rather than a ratio higher than 1.95. There is only one more requirement after that occurs- either the two-day or the three-day average of the daily advance decline ratio after the consecutive street ends must be below 0.75. In other words, there must be a convincing breakdown from the consecutive streak pattern of churning days. That's all there is to it. Over the past 73 years, these requirements have been met on only six occasions. Here are the dates:

July 22nd, 1929
December 14th, 1961
January 31st, 1966
October 25th, 1968
December 12th, 1972
April 6th, 1998
<

2 down, one to go..