
Technical | Analysis page 138 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 7 Sentiment 109 during the period from January 1981 through June 2004, declined to below its lowest threshold, the stock market rose on average 8.1% over the following year. When the cash level was at its highest, the stock market declined by an average 6.1% over the following year. Ned…