I perusing a site where a someone, a systems developer, had back-tested the Dow for years ending in '5.' He had a very convincing historical argument for rallies following a January high in a year ending in 5, or one in a year ending in 6, if December of the previous year had ended on a high.
I started thinking about years ending in '7' and although I'm just eyeballing it at the present moment, I went to a 100 year chart of the Dow and sure enough, I noticed many times a major low in a year ending in 8 if a decline began in a year ending in 7. Sometimes the 8 year tested highs in the 7 year first, and sometimes it just cascaded down.
Any one want to run the numbers here?
Too dumb too even try.
Edited by dowdeva, 19 April 2017 - 05:11 PM.