T/A ETF AND INDEX

[northam43]

Pokersam - As I have pointed out, the major Bear Markets in the past have been off of RECORD SPX HIGHS. We have not had a new SPX RECORD HIGH. So it's unlikely this BEAR MARKET will go to the 600 level and last 12 months.

"The Monthly pattern is showing that when we have a record high then we have a major Bear Market. During this Monthly Phase 2 the SPX high was 1370.58 the SPX record high is 1576.09, so we didn't have a record high.

The last major Monthly Phase 1 that lasted 19 months during the period Jan 2008 to July 2009 was off the previous Phase 2(Aug 2006 to Dec 2007) high of 1576.09

The record Monthly Phase 1 that lasted 31 months during the period Oct 2000 to Apr 2003 was off the previous Phase 2 (Oct 98 to Sept 2000) that Phase 2 high was 1552.87 which set a SPX record at that time."

Even going further back, the stock market crash of 1987. That Bear market lasted 8 months and was off of a SPX record high. Bear markets of 1970, 1973, 1980 all have had a record high before the Bear market.

It would seem that the pattern is pretty clear. I look forward to your comments.