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Signal:

Dates:

S&P Level:

Dow Jones Level:

Further move as Percent:

Time to end in mos: Additional Results:
Buy Jan 25, 1954

25.93

290.40

+ 92.0

30.3

Remainder of BULL Market
Sell Aug 20,1956

48.25

511.24

- 19.2

14.1

BEAR Market & RECESSION
Buy May 5, 1958

43.79

461.12

+ 38.6

* 14.9

Start of BULL Market
Sell Nov 12,1959

57.17

644.26

- 8.5

11.4

Correction Only(Bear market per   Money magazine)/RECESSION
ReBuy Jan 3, 1961

57.57

610.25

+ 26.2

11.3

Remainder of BULL Market
Sell May 10,1962

63.57

647.23

- 17.7

1.5

BEAR Market & "mild Recession"
Buy Nov 14,1962

60.16

630.48

+ 56.3

38.8

Complete BULL Market
Sell May 2, 1966

90.90

931.95

- 19.5

5.2

BEAR Market & "mini-Recession"
Buy Dec 27,1966

81.00

792.20

+ 20.5

* 8.9

Start of BULL Market
Sell Jan 22, 1968

94.03

871.71

- 6.7

1.5

Correction Only
ReBuy Apr 11, 1968

96.53

905.69

+12.3

7.6

Remainder of BULL Market
Sell Mar 7, 1969

98.65

911.18

- 29.8

14.6

BEAR Market & RECESSION
Buy Aug 24,1970

80.99

759.58

+48.1

28.5

Complete BULL Market
Sell Feb 23, 1973

113.16

959.89

-11.2

6.0

Start of BEAR Market
Buy Oct 22, 1973

109.16

960.57

+ 2.0

0.1

(Arab Oil Embargo intervened)
ReSell Nov 20,1973

98.66

844.90

- 36.9

0.4

Remainder of  BEAR Market &   RECESSION
Buy Nov 4, 1974

73.08

657.23

+ 47.6

22.6

Complete BULL Market
Sell Oct 31, 1977

92.34

818.35

- 5.9

4.2

BEAR Market
Buy Apr 17, 1978

94.45

810.12

+13.3

4.8

Complete BULL Market
Sell Oct 26, 1978

96.03

821.12

- 3.7

** 0.6

BEAR Market & RECESSION
Buy Jun 11, 1980

116.02

872.70

+ 21.1

5.6

Complete BULL Market
Sell Aug 31,1981

122.79

881.47

-16.6

11.4

BEAR Market & RECESSION
Buy Aug 23,1982

116.11

891.17

+ 48.7

* 13.6

Start of BULL Market
Sell Feb 22, 1984

154.31

1134.21

- 4.2

5.1

Correction Only (Bear market per Money magazine 2/99)

ReBuy Aug 21,1984

167.83

1239.73

+ 100.7

36.2

Remainder of BULL Market
Sell Oct 16, 1987

282.70

2246.74

- 20.8

1.6

BEAR Market
Buy Mar 16,1988

268.65

2064.32

+ 37.3

28.0

Complete BULL Market
Sell Aug 24,1990

311.51

2532.92

- 5.2

1.6

BEAR Market & RECESSION
Buy Jan 25, 1991

336.07

2659.41

+43.4

* 36.3

Start of BULL Market
Sell Jun 20, 1994

455.48

3741.90

- 2.8

0.1

Correction Only
ReBuy Feb 22, 1995

485.07

3973.05

+144.7

42.2

Remainder of  BULL Market
Sell Aug 27,1998

1042.51

8165.99

-7.7

0.1

BEAR Market
Buy Nov 5, 1998

1133.68

8915.47

+25.1

* 10.4

Start of BULL Market
Sell

Aug 30, 1999

1324.02

10914.13

-8.2

1.5

Correction Only
ReBuy Dec 3, 1999

1433.30

11286.18

+3.9

1.4

Remainder of  BULL Market
Sell Jul 3, 2002

953.99

9054.97

-18.6

3.2

BEAR Market
Buy Nov 5, 2002

915.39

8678.27

+23.7

15.2

Start of BULL Market
1/2Sell Aug 5, 2004

1080.70

9963.03

-1.5

0.2

Correction Only
1/2Buy Nov 22, 2004

1177.24

10489.42 +11.0     17.7 Remainder of  BULL Market
Sell Jul 12, 2006 1258.60 11013.18      -2.5       0.1 Correction Only
ReBuy Oct 12, 2006 1362.83 11947.70 +18.6*** 11.9*** Remainder of  BULL Market


Further updates are available for Subscribers only under the results for the COMPOSITE Timing Indicator.       
Percentages and time calculations based on S&P 500.
* indicates interim high point before correction in continuing BULL Market.
**FYI, was 17.8 months to comparable low on the Dow Jones Average.
*** To-date (10/9/07 high)
A Buy on 4/6/01 (not shown) was a result of reinstating an erroneous Sell on 3/23/01 (not shown) caused by the Fed'l Reserve correcting their reported figures and is therefore not included with the other bona-fide Buy Signals.

ÞThe BOTTOM LINE: The average Advance after BUY Signals: +46.3% over the next 20.5 months. The average decline after SELL Signals: -13.9% over the next 6.0 months. Every BULL and BEAR Market and Recession was signaled by a Schannep Timing Indicator Signal.

The following are additional pages of this section:

Results and Background | Bull Market Participation | Bear Market Avoidance | CPA Verification

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