*Nice Dow chart, this really puts into perspective just how significant the bull rally was from 1982 to 2000...
and it also shows that if the Dow did in fact crash, incredibly strong support would be at the psycological 1,000 level...
At best, I'm thinking a period much like 1966-1975 is ahead for the markets...
with potentially worse side effects due to the global housing bubble potentially deflating as well as the current global debt burden...
We can also see on this chart that if the Dow does break through 7,500 that it would become strong resistance...
Another thought, if the Dow did in fact top out in 2000, then from it's 1982 bottom, using a fib of 38.2%, we can say that the bear market will last a minimal of 7 years, that means that the market could potentially bottom out in 2007...
Other fib bottoms, most likely is the 61.8% one which comes in 2011, while the 50% is in 2009...
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