That shows how the majority of "invrestors" feel when they look in their fartpolio. Not much up move at all.
OTOH I guess that was the same in say 1983 or 1984: The majority of folks were still massively in the Nifty Fifty's. And let's face it: Was it really so idiotic to hold IBM say in 1986 or 1988? In retrospect yes, but back then? See, IBM was a quasi monopoly, they destroyed Compaq and so forth...