An S & P 500 (SPX) Super Bull Market Ended On 10-11-07
An S & P 500 (SPX) super bull market (60 years or more) ended on 10-11-07, see http://finance.yahoo.com/q/ta?s=%5EGSPC&t=my&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c=. The S & P 500 (SPX) had an extremely long bull market, that basically ended on March 24, 2000 at 1552.87, but, it peaked in dramatic rollover mode at 1576.09 on 10-11-07, rising only +1.50% in a little over 7.5 years.
The S & P 500 (SPX) put in a bearish double top at 1552.87/1576.09 more than 7.5 years apart, and, is now in a huge Wave A Cyclical Bear Market since 10-11-07. The ultimate S & P 500 (SPX) Secular Bear Market cycle low could be 300 to 400 OR LESS.
The S & P 500 (SPX) very long term multi decade chart dramatically illustrates the economic pickle the US and world finds itself in now, see http://finance.yahoo.com/q/ta?s=%5EGSPC&t=my&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c=, that's obviously exacerbated by the huge screwups at many large and small financial firms, related to the credit/mortgage crisis, in the US and elsewhere.
With all thy getting get understanding.
Nothing discussed on this Blog is a recommendation, or, should be construed as investment advice.
.......http://www.JoeFRocks.com/
The S & P 500 (SPX) put in a bearish double top at 1552.87/1576.09 more than 7.5 years apart, and, is now in a huge Wave A Cyclical Bear Market since 10-11-07. The ultimate S & P 500 (SPX) Secular Bear Market cycle low could be 300 to 400 OR LESS.
The S & P 500 (SPX) very long term multi decade chart dramatically illustrates the economic pickle the US and world finds itself in now, see http://finance.yahoo.com/q/ta?s=%5EGSPC&t=my&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c=, that's obviously exacerbated by the huge screwups at many large and small financial firms, related to the credit/mortgage crisis, in the US and elsewhere.
With all thy getting get understanding.
Nothing discussed on this Blog is a recommendation, or, should be construed as investment advice.
.......http://www.JoeFRocks.com/
Labels: DUG, GDX, Gold, Gold Stocks, HUI, NDX, NEM, RUT, Silver, Silver Stocks, SPX, XAU, XOI, XOM
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