Declines After Selling

The Results after SELL Signals are as follows:

Original (Traditional) Dow Theory SELL Signals and the further S&P500 Loss to the final Bear Market Lows*:

Sell Date
Level
Low Date:
level
loss after Sell:
months to low:
4/2/195325.239/14/195322.71*10.0%5.4
10/1/195644.710/22/195738.9812.8%12.7
3/3/196054.7810/25/196052.3*4.5%7.7
4/26/196267.056/26/196252.3222.0%2.0
5/5/196687.5310/7/196673.216.4%5.1
10/24/196794.423/5/196887.72*7.1%4.4
2/25/196997.987/29/196989.48*8.7%5.1
1/26/197088.175/26/197069.2921.4%4.0
7/28/197197.0711/23/197190.16*7.1%3.8
2/23/1973100.1910/3/197462.2837.8%19.3
10/24/197791.633/6/197886.95.2%4.4
7/2/1981128.648/12/1982102.4220.4%13.3
1/25/1984164.847/24/1984147.82*10.3%6.1
10/15/1987298.0812/4/1987223.9224.9%1.6
10/13/1989333.621/30/1990322.98*3.2%3.6
8/3/1990344.8610/11/1990295.4614.3%2.3
10/5/1992407.5710/9/1992402.66*1.2%0.1
8/4/19981072.128/31/1998957.2810.7%0.9
9/23/19991280.419/21/2001965.824.6%23.9
6/25/2002976.1410/9/2002776.7618.3%0.9
11/21/20071416.773/10/20081273.3710.1%3.6
9/29/081106.393/9/09 676.5352.2%15.6
6/30/20101030.717/2/20101022.56*0.8%0.1
8/2/20111254.0510/3/20111099.2312.3%3.0
6/4/20121278.186/4/20121278.180.0%0.0
Average further decline:14.3%6.0

* When no ‘official’ Bear market follows this is the low for this move. 19 Signals were during or followed within a year by ‘official’ Bear markets, 5 were not.