If you basically short from the breakout point , around 1415 (14 Jan 08) and hold till 02 Mar 09, you would made approximately 52% profits (over 14 months)
But, if you adopt a different strategy of short during the selldown and buy during the retracement, you can make much more profits.
Shorts - 125% Long - 68%
Total - 173%, that is more than 3 times profits if you just sell and hold !
While this method of trading cannot be compared to the "buy and hold strategy" in an uptrend which can last for years,it is nevertheless a good method for those who knows how to take advantage of it .
Now that you have the big picture, go to the details of the price action in the chart which you would use it to compare with the latest chart later.