LOL. You actually think one week is a historical 'perspective'
You need about 300 years - all the way back to the South Sea Bubble - to get any real historical perspective of stockmarkets.
Here's the DJIA. Note the false recovery about six months after the initial crash. There was another major recession in 1937. The DJIA finally recovered to it's pre-1929 level in 1950. A 'mere' 21 years later.
