I would like to pay your attention
to the fact that the current Great Financial Crisis pattern reminds very
much the price pattern for the years 2001-2004:
The "key event" for 2001-2004
period is Sep. 11, 2001 that corresponds to the first drop in July 2007.
BTW, since 2005 year Dow followed 1929
Great Depression pattern, the coincidence was very strong:
But in 2009 this analogy has been
destroyed.