• Michael Bryant
    In April 2000, S&P 500 reached 1500. In October 2002, it fell to 776. In September 2007, it reached 1500. In March 2009, it fell to 700.
    10/17/11
    Reply (7)
    • Michael Bryant: See a pattern?
      10/17/11
    • sean.parmelee: Works until it doesn't.
      10/17/11
    • Mr. Massive: Yes. Secular bear market. Usually 3-4 legs down. Correction period. In 3rd. Watch out below.
      10/17/11
    • Michael Bryant: Wouldn't the pattern suggest the S&P 500 will go to 1400 or 1500 before it goes down?
      10/17/11
    • Mr. Massive: Look at past secular bears. I think this one most aligns w 1929 as 2009 and 1937-8 to now. Remember they rhyme not mimic
      10/17/11
    • Mr. Massive: This one as in particular moment in time.
      10/17/11
    • sean.parmelee: There is no pattern, Michael.
      10/17/11