The reason why I am telling you this is that in order to remain competitve, you had to throw out abnormal losses that could not be statistically validated with any frequency (One time events basically). As I look at 2008 on this chart, it makes me ponder on whether we see the action on 2008 on a repeatable basis, and if it can truly be used for future projections. Just run a retracement of the recovery, and you will get numbers even at 61.8% retracement that I can't see us hitting unless Australia sinks into the ocean altogether.
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