The peaks look distinct seen from afar
2000 and 2007
But seen in real time they feel endless
and day charts don't capture the intraday agony
And now take a look at 2014:
and up close; 2014 looks eerily similar to 1929, right?
the beginning of a comeback, or a head fake before the crash?
...and this is how 1929 continued of course:
Today's valuation level almost reaches all the way up to the peak of peaks in 2000
WAY above the level of 1929:
And, for perspective, valuation including the peak of 1929,
but only including up to January 2014