Okay so I was bored so I decided to have a look at the $DJI prior to the crash of 2008. I made a comparison shot of the $DJI just prior to the crash against where the market is exactly now. Trust me when I say that I was absolutely STUNNED. Here's the picture, make your own mind up.
https://lh5.googleusercontent.com/-HjWjMIHShiU/Tr6HyF_z7NI/AAAAAAAABtc/Ybi2ePELXMk/s0/Untitled-1.jpg
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