On An Inflation-Adjusted Basis SPX Has Been In A Secular Bear Market Since March 2000

Few people realize that, on an inflation-adjusted basis SPX (S & P 500, http://bit.ly/i0nsT) has been in a Secular Bear Market since March 2000, only rising +1.50% from March 2000 (1552.76 I think) until 10-11-07 (1576.09), see http://bit.ly/FypjN.

The newest SPX (S & P 500, http://bit.ly/i0nsT) chart with the Elliott Wave count suggests that the Intermediate Term Upcycle since 3-6-09 is peaking/peaked (possibly/probably peaked on 9-23-09), see chart one at http://bit.ly/18T7lw. Chart two suggests that the Intermediate Term Upcycle since 3-6-09 is a countertrend Wave B/Wave 4 Upcycle, of the Cyclical Bear Market since 10-11-07.

INTERESTING, "The “Real” Mega Bears" see http://bit.ly/AL8LQ. It supports the SPX (S & P 500, http://bit.ly/i0nsT) bounce since March 6, 2009 being a countertrend Wave B type of upcycle.

.......http://www.JoeFRocks.com/