Some stock charts to ponder

The peaks look distinct seen from afar

 

1929

2000 and 2007

But seen in real time they feel endless

 

2007

and day charts don't capture the intraday agony

1929

2000

 

 

And now take a look at 2014:

 

in perspective

and up close; 2014 looks eerily similar to 1929, right?

1929

 

2014

the beginning of a comeback, or a head fake before the crash?

 

 

...and this is how 1929 continued of course:

 

 

 

And just as a reminder on where valuation is compared to earlier super peaks:

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