signal #07 on Nov 18, 1988 fell below the trip line for the third time
that year. Although a bit frustrating, the rules must be followed at all
times. There can be no exceptions as each dynamic bear typically begins
with small steps. One should not attempt detecting the difference between
a mild bear and a dynamic bear during these small steps. We have been
attempting to detect such differences for over forty years and have not
yet found other attributes to do so. We will keep trying, though.
You will also notice the Indicant did not
signal bear until "after" the stock market crash of 1987. The old model
did, but over the long-term the old model does not perform as well as the
one you are looking at now.
The Indicant balance at
signal #07 amounted to $6,887,274. When clicking the link in the
previous sentence scroll up slightly to bear signal #03 on May 6, 1988.
You will notice the Indicant balance was at
$7,172,895. As you can see, the Indicant lost some value from
bear signal #03 and bear signal #07 during to the nervousness of the stock
market bull in 1988.
Despite that, though, the Indicant remained
well above the buy and hold value of
at the time of bear signal #07. That amounted to an Indicant performance
advantage of 2,127.7%.