Note the two successive 3.5 decade intervals between 'big peaks' in the Real Dow history. A ready rationalization is that this duration is approximately an individual's investment lifetime. AND a hurt experienced is a more durable memory than is a hurt read about or heard about.
"Real Homes, Real Dow"
http://www.showrealhist.com/RHandRD.html
"The Public Be Suckered (that's you)"
http://patrick.net/?p=1230886
Note the two successive 3.5 decade intervals between 'big peaks' in the Real Dow history. A ready rationalization is that this duration is approximately an individual's investment lifetime. AND a hurt experienced is a more durable memory than is a hurt read about or heard about.