What's a "Double Nine-to-One" Bullish Signal?

In his latest article entitled "1-2-3", Jeffrey Saut wrote that the US market had recently witnessed a very bullish "Double Nine-to-One" signal. What is a Double 9:1 day? For that matter, what is the difference between a 9:1 day & a 90% day? Read up this article (go here or here) to learn more about this bullish signal.

Jeffrey Saut concluded his artcle by stating:

How bullish are “Double Nine-To-One” signals? According to professor David Aronson, as reprised by Mark Hulbert, “[we used] data from the beginning of 1942 through fall of 2006, and looked at what happens in the stock market in the 60-trading-day period following a . . . Double Nine-To-One signal, versus what happens the rest of the time. In those 60-trading-day windows, the S&P 500 index produced an average annualized return of over 22%, on the assumption that an investor entered the market on the close the day after the Double Nine-To-One signal was triggered and held until the end of the 60th trading day.

Now, you know why the market is so bullish today.