The global stock market could be stuck in its current bear-market trend until 2012 and beyond, but next year could give investors a strong bear-market rally to trade, Sandy Jadeja, chief market strategist at ODL Securities, told CNBC.com.
Major stock indexes such as the Dow Jones Industrial Average, FTSE-100 and indexes in Asia could all face "major declines, possibly all the way down into 2012, 2013," Jadeja said.
"But for 2009 we expect a rally into July 2009 followed by a decline into October/November," he said.