A phenomenon of the financial log-periodicity is discussed and the characteristics that amplify its predictive potential are
elaborated. The principal one is self-similarity that obeys across all the time scales. Furthermore the same preferred scaling
factor appears to provide the most consistent description of the market dynamics on all these scales both in the bull as well
as in the bear market phases and is common to all the major markets. These ingredients set very desirable and useful constraints
for understanding the past market behavior as well as in designing forecasting scenarios. One novel speculative example of
a more detailed S&P500 development until 2010 is presented.
Key words Financial physics - critical phenomena - log-periodicity