Comparing the steepness of rise in 1924-29 to 1996-2000 is comparing apples to oranges. This is quite a broad-brush treatment of Dow 100 year charts. Even if one discounts the GDP/capita and population increases, in addition to technological advancement, death of distance, and huge globalisation, this interconnected world is a different world from the 1924-29 gold-backed straitjacketed economy era. (in 1930 there was no Bernanake put)

One needs to look at the phenomenal change in the total world real GDP (Billions of 1990 International Dollars) in 1900 of 1.102 trillion$, in 2000 to 38.80 trillion$, and rise in global population in 1900 from 1.6-8 billion to 6.2 billion in year 2000. Companies like Google, Microsoft could not be created in 1924-29. Dow capitalisation in its last 100 years of steep rise takes into account most of the unaccounted capitalisation of the World Economy, 1-2000 AD.

One thing that I noticed is that even during the middle of the Great Depression, from ’32 to’36, in 4 years, the Dow TRIPLED in value! If you were to ask me, I would say that the Bull Market actually started in ’32 then ended in ’64-’65. This would make the 20 yr Bull Mkt a 32 yr bull mkt.

Well i have to go poo so i will see you all l8er!!!!remember if it is poop you want it is poop you need to smell poopie about!!!!!

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