Secular bear markets are not "one-way" down markets, but a series of "cylical" ups and downs. As the following series of charts of the inflation-adjusted S&P Composite shows, it would appear time (and price) is not on the side of this bull-market's extension...
The length and gain of the current cyclical bull market is eerily reminiscent of earlier secular bear markets...
[2]
Secular bear markets are not "one-way" down markets...
[3]
1906-1921...
[4]
1929-1949...
[5]
1968-1982...
[6]
2000-Present...
Where Next?
Charts: Ron Griess at The Chart Store [7]