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Mid-term Indicant 1934-1938

As you can see the market continued to increase after crossing above yellow line in 1934. During the depths of the Great Depression, the market moved up 100% over the next four years. The red arrow pointing up is when the Mid-term Indicant recommended "buy." See previous page or click here to get a feel for what the Mid-term Indicant looks for.

The threat of world war was ever-present during these years. But regardless of external events, you should always be aware of the market's position relative to the Mid-term Indicant. Someone who bought and held in late 1928 was still in a loss position ten years later, but Indicant members would have sold prior to the crash of 1929 and would have enjoyed this 100% increase in the middle to late 1930's.

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