Subject: Re: Timing: recent highs
Please don't get too attached to one specific number on Dying Bullish Euphoria lookback. It can vary by index/market used. The point is, after "about" 4 1/2 trading months if there hasn't been a new high, that is getting statistically close to a bear market indication.

The point was to avoid bailing on a bullish market too early. Zee back in the day determined for him that something like 150 days (another full 2 1/2 months) was the optimal lookback.

If you're looking for more background on the strengths and weaknesses of the 99D, please ask!

FC