Replies to post #5276 on The New CS Board

[Rivers 1]

Just another look.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=spx&insttype=&time=20&freq=2

[ahimsak]

We would be making a massive tripple top, thanks for commenting.

1. I noticed in early 2007 a similarity to Jan 1973, when the last big bear resumed after the first top in 1966.

2. We are experiencing what is known as a broadening top. Look at 1966 to 1982. We would be at 1980, just before the last big dip of the long term bear market. The last bear, from 1929 to 1946, also last about 16 years. that would put this bear dropping into 2016. I bet we bottom next year.

Those how ignore history repeat it. Hubris brings down every powerful organization or nation.