STOCK MARLET TIMING CALLS ALL TOPS: 1915-2011
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| Many technical analysts use the MACD
Indicator crossovers as Buys and Sells.
Peerless uses divergences. The MACD is NOT one of our key indicators. But readers
can see how the 1917and 1919 tops might have been called by the MACD divergence
The necessary data is not available for the period before 1929 to let Peerless
produce automatic Buys and Sells. Also shown on this are some more recent
tops and the automatic Peerless Sells they produced to warn traders to sell out.
The tops in 1971, 1984 and 1994 did not bring bear markets, only big corrections.
But if you were trading back then, the difference was negligible. You would have
wanted to sell and sell short when these Peerless Sells occurred.
| 1919 TOP
- Peerless Sell S9 warns of 1971 sell-off in response
to Nixon taking US off gold standard and instituting
a 3 month freeze on prices in the middle of Vietnam War.