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Since that analysis published, the DJIA's Elliott wave pattern has provided our analysts with even more clues about the stock market's next big move.In a bear market, expect five waves down, with the upward correction occurring in three waves.With all of the above in mind, consider these recent expressions of investor psychology.This famous Kal's cartoon sums it up perfectly: First investor: "I've got a stock here that could really excel."Second investor: "Really excel? So, in a bull market, expect five waves up, followed by a downward move of three waves. This leads us to what we call Elliott waves, which are simply reflections of these psychological phases.