Statistics regarding test of lower band
          from July 20th to August 17th:
                    1928-2014
       www.tigersoftware.com/PeerlessStudies/LateJuly-EarlyAugust/index.html

       38 tests of lower band on the 10 days before August 1st
       and during the first 17 days of August.
              In 8 cases, a bear market followed. 
              In 8 additional cases, the DJI fell at least 3% before rallying. 
              In 15 cases the DJI either immediately rallied or did so a day later.

       Of these 4 occurred with the DJI slightly below the 65-dma as now.
            7/27/1945 .980   -.571  -619  +12  -.235  -328  -.383   -.019
                    DJI immediately rallied up past upper band.
            8/6/1957  .964   -.563  -452  -31  -.118  -394  -.249    -.007
                    Kept falling in bear market.  Previous Sell S9.
            7/21/1960 .968   -.528  -186  -11  -.126  -333  -.266    -.016
                    Fell from 616.6 to 601.7 on 7/25 and rallied to upper band.
            7/30/1999 .964   -.340  -231 -34    -.01   -98   -.135      -.018
                    DJI rallied to upper band.

        Of the 38,  10 occurred with the IP21 between -.02 and -.05.
                    4 of these 10 dropped much further because DJI was in a bear market.
                    One more dropped an additional 3% before rallying.

            8/16/1940 .978   -.163  -175  -15  -.048   -35   -.136   -.061
                   Rallied immediately up past upper band.
            7/27/1943 .966   -.29   -70   -57  -.046  -90    .079    .034
                   Fell from 138.8 to 134.0 on 8/2/1843 and rallied to upper band.
            8/2/1968  .966   -.397  -326  1    -.052  -14?  -.242   -.03
                   Immediately rallied up past upper band.
             7/29/1971 .968   -.279  -269 -79   -.045    -2?  -.053   -.091
                   DJI fell from 861.42 to 839.59 on 8/10 and rallied to upper band.
             7/27/1977 .975   -.538  -76  -75   -.04   -2?  -.071   -.042
                   Continued to fall in bear market.

             7/28/1986 .973   -.692  -239 -42    -.045   -17   .121   -.032
                   Immediately rallied to upper band.
             8/3/1998   .967  -.312  -630  -61   -.048  -104 -.163   -.031
                   DJI continued to fall in a bear market. After Sell S9/S12
             7/24/2001 .979   -.413  -20  -29    -.046 -153  -.187  -.033
                   DJI continued to decline in a bear market. Earier S4/S11
             8/2/2002   .974 -1.041  -491 -36    -.03   -471  -.442  -.174
                   Fell one more day and then rallied to upper band.
             7/29/2011 .971 -.112   -186 -106  -.029 -148  -.23   -.044
                  DJI continued to fall very sharply until October. Earlier S9
 
Tests of Lower 2.9% - 5.2% Band
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8/1/2014  .972  -.448  -333  -2   -.031  -113  -.176    -.006

8/9/1929  .977  -.172  -352  -26 -.14    -654  .136    .044 
   Rallied from 338 to 381.2 and then crashed.
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8/8/1930  .949  -.233  -110  -39  .015   -172  .092   -.156
   Fell from 228.2 to 216.2 in two days and rallied to 245.1
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7/22/1931 .968  -.112  +117  -10  .033   -34   .063   -.089
   Fell from 142.5 to 134.1 on 8/5/1931 before rallying to UB.
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7/20/1933 .949   .129  +56   -30 -.161   -344  .133    .586
   Fell from 96.3 to 90.8 on 7/31 and rallied above upper band.
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7/23/1934 .951  -.688  -582  -23 -.332   -194 -.523   -.129
   Fell from 91.9 to 87.5 on 8/7 before rallying to upper band.
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8/12/1938 .963   .059  -186  -15 -.015   -83   .025    .151
   Immediately rallied to 2.5% upper band.
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8/10/1939 .966   .023  -92   -49  -.048   -3   .12     .026
   Fell from 137.3 to 131.3 before rallying way up past upper band.
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8/16/1940 .978  -.163  -175  -15  -.048  -35   -.136   -.061
   Immediately rallied up past upper band.
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7/27/1943 .966  -.29   -70   -57  -.046  -90    .079   .034
   Fell from 138.8 to 134.0 on 8/2/1843 and rallied to upper band.
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7/27/1945 .980  -.571  -619  +12  -.235  -328  -.383    -.019
   Immediately rallied up past upper band.
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7/23/1946 .958  -.461  -454  -50  -.124  -188  -.124  -.063
   Immediately rallied to upper 1.6% upper band.
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7/30/1948 .969  -.521  -395  -46  -.104  -237  -.165   .001
   Fell from 181.1 to 179.3 on 8/11 and then rallied to upper band.
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8/9/1955  .974  -.397  -232  -43  -.093  -285   .055   .058
   Immediately rallied past upper band.
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8/6/1957  .964  -.563  -452  -31  -.118  -394  -.249    -.007
   DJI continued to fall in a bear market.  Previous Sell S9. 
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7/21/1960 .968  -.528  -186  -11  -.126  -333  -.266    -.016
   Fell from 616.6 to 601.7 on 7/25 and rallied to upper band.
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7/22/1963 .974  -.507  -393  -16  -.194  -705  -.447  -.028
   Immediately rallied up past upper band.
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8/1/1966  .956  -.475  -376  -25  -.138  -7?   -.309  -.110
   DJI continued to fall in a bear market.
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8/2/1968  .966  -.397  -326  1    -.052  -14?  -.242   -.03
   Immediately rallied up past upper band,
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7/22/1969 .966  -.665  -427  2    -.159   -2?   -.213   -.098
   Fell from 834.02 to 801.96 and rallied to upper 2% band.
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7/29/1971 .968  -.279  -269 -79   -.045   -2?  -.053   -.091
   Fell from 861.42 to 839.59 on 8/10 and rallied to upper band.
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7/20/1972 .979  -.483  -379 -16   -.138   -3?   -.357   -.061
   Immediately rallied to upper band.
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7/31/1974 .969  -.741  -287 -17   -.133  -3?  -.189   -.094
   Immediately rallied to upper 3% band.
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7/23/1975 .965  -.386  -34  -70   -.063  -1?  -.134    .025
    Fell from 836.67 to 793.25 on 8/20 before rallying to upper band.
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7/27/1977 .975  -.538  -76  -75    -.04   -2?  -.071   -.042
    DJI continued to fall in a bear market.
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7/21/1981 .967  -.758  -422 -29   -.153  -6?  -.390   -.071
    DJI continued to fall in a bear market.
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8/5/1982  .970  -.055  -114 -21   -.006  -4?  -.137   -.069
    Fell from 795.85 to 777.21 on 8/11 and then exploded upwards.
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8/8/1983  .965  -.435  -433 -32   -.019  -14  -.043   -.047
    Immediately rallied to upper band.
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7/24/1984 .972  -.473  -383 -21   -.067  -14  -.329   -.062
    Immediately rallied up past upper band.   
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7/28/1986 .973  -.692  -239 -42    -.045  -17   .121   -.032
    Immediately rallied to upper band.
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7/27/1988 .974  -.309  -199  +9    .092  -15   .002    .009
    DJI fell from 2066.99 to 1990.22 and then rallied to upper band.
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8/2/1990  .977  -.191  -259  -132  .098  -22  -.072    .073
     DJI continued to fall in a bear market. After S9s.
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7/24/1996 .967  -.778  -462  -70   -.13  -80  -.157   -.038
     Immediately rallied rallied up past upper band.
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8/3/1998  .967  -.312  -630  -61   -.048  -104 -.163   -.031
     DJI continued to fall in a bear market. After Sell S9/S12
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7/30/1999 .964  -.340  -231 -34    -.01   -98   -.135   -.018
     Immediately rallied to upper band.
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7/24/2001 .979  -.413  -20  -29    -.046  -153  -.187  -.033
     DJI continued to fall in a bear market. Earier S4/S11
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8/2/2002  .974 -1.041  -491 -36    -.03   -471  -.442  -.174
     Fell one more day and then rallied to upper band.
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7/26/2004 .976 -.561   -40  -58    -.142  -306  -.261  -.035
     Fell from 9961.92 to 9815.33 on 8/6/2004 and then rallied to upper band.
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7/29/2011 .971 -.112   -186 -106   -.029  -148  -.23   -.044
    DJI continued to fall very sharply until October.
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