The Bear Market Was Tracking the 1973-1974 One Until Now

By on March 4, 2009
Contrahour posted an interesting chart about a week and half ago that showed our current vicious bear market closely tracking the ’73-’74 debacle. It indicated that a major rise could be in the offing. However, it looks like the correlation has broken, which is definitely not good news for the bulls.

Click on chart for larger image:

Source:
 
http://www.contrahour.com/contrahour/2009/02/if-youre-bullish-time-for-a-70s-party-edition.html
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