I found this on another site. This isnt a chart I created. Here are my observations: 1) In 1974 and 2002, the bear market followed down a well defined path before there was one big fallout which marked the bottom. In the current bear market, this same fallout has come much earlier. 2) We are right around similiar levels where there were notable turning points in past bear markets. 3) In the 1974 and 2002 bear markets, the index revisited similiar areas (double bottom) before moving higher. 4) The 1929 initial drop and the late 2008 drop do look very similiar. Im going to look for a re-test of the old lows and then for the bull market to begin. However, that last drop we had was very sharp quite similiar to the 1929 drop. Sometimes a high volume selloff does not mark a bottom, but the beginning of a long and perilous drop.