Redraw your chart using post WWII data and then see what your forecast would look like. The regulatory set up and trading rules all changed during the prior periods, so you need to compare apples to apple to the greatest degree you can.
The post depression era in the stock markets extended all the way to 1953 or so.
Start your line there.
17 posted on 10/10/2008 7:06:06 AM PDT by Cold Heat
(Well....................................That's .....that.........)