Warning, Crash Dead Ahead! We Are Entering The Ending Phase Of Bull Market

MARK HULBERT: Bear market may begin

Will the bull market come to an end on Oct. 9?

Don’t laugh. It turns out that two of the most prominent market turning points of the last decade occurred on this very date.

The first was the beginning of the 2002-2007 bull market, which occurred on Oct. 9, 2002.

The Dow Jones Industrial Average (DJI:DJIA) on that date hit an intra-day low of 7,282.39, and the S&P 500 index (SNC:SPX) sank to 775.80 — more or less half the levels these indexes would rise to in five years’ time.

The second of those major turning points came as that 2002-2007 bull markets was coming to an end. Believe it or not, its exact end was on — you guessed it — Oct. 9, 2007.

In the ensuing bear markets, the Dow and the S&P 500 would each lose more than half their values.

You might think that there are almost impossibly low odds that two trend changes this momentous would occur on the very same day of the year….

Continued below.

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Read more at http://investmentwatchblog.com/warning-crash-dead-ahead-we-are-entering-the-ending-phase-of-bull-market/#xIpA8LOwisDJxhCD.99