Subject: Re: Jim, thank you ...
Jim's indicator may be useful to sidestep some part of the longer grinding bear markets not the quick dips.

That's actually my point, that I can't see how to assess that from his table starting 2009 as there were not a single one longer than 5 months (apart from the current one).

To assess that one would need a table with the signals going back much further --- but then the question would be whether what was valid 20, 30 years ago still is valid today.