Dow had fallen to 825, only to climb to a highly speculative peak of 985 in December of '68. The Dow then sank to 631 in December of '70. By April of '71 the Dow had climbed back to 950, only to fall to 869 in February of '72. A big rally then took the Dow (unconfirmed) to a record high of 1051 in January of '73, turning everyone bullish. But by December of '73 the Dow had collapsed to 788. Think that was bad - by December of '74 the Dow had sunk to a bear market low of 577. At that time, the gurus and geniuses of Wall Street were predicting a 250 Dow and many were talking openly about the end of capitalism. Of course,