6-15-2012 After the Close

[Mike]

Ok - I note if one went back one week in time, you'd find an additional three instances of market rally signals being generated:

5/25/04 - (1.40%)
5/30/00 - 5.90%
5/31/88 - 3.10%
6/17/76 - (0.10%)
6/4/84 - (0.90%)

To me, a bit inconclusive.

Here are all rallies including election years. The only May or June rally that added up to anything was May 4 1993 that went up 11.7%. I am sure if I could go back more than 40 years I could find some other examples. One day I will be in position go go back 100 years on the Dow.