redbacka's - reinin' in the buyin' - wednesday, page-19

Hi loki,
"There is not enough amplitude in the cycles for the market outcome to actually resemble that chart over a 10 year period."

That's probably because its an average, in reality you would see ups and downs but in a generally sideways trending market. This outcome he suggests if the Fed stayed on the sidelines (voluntarily or otherwise). But this is how it seems to be playing out in our market. For all the drama and ups and downs we're still around the middle of a sideways range we've been in for two and a half years, and still nearly 40% off our highs. Check back in five years.

There's a case for buying and holding near the bottom of the range purely for yield and value, but can't expect the same level of excitement, or returns. Maybe just have to get used to it.