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Index performance since market bottom

Where is the bubble?
Index performance since market bottom (March 2009) - Index performance since 7/28/09:

* The Hang Seng has regained 65.3% of its value since the March Low of 11015, when taken as a percentage of the Nov 2007 high. It fell 65.12% from its Nov 2007 high of 31586.

* The DJIA has regained 64.57% of its value since the March Low of 6547, when taken as a percentage of the Nov 2007 high. It fell 53.52% from its Nov07 high of 14087.

* The DAX has regained 64.09% of its value since the March Low of 3667, when taken as a percentage of the Nov 2007 high. It fell 54.59% from its Nov07 high of 3667.

* The FTSE100 has regained 67.26% of its value since the March Low of 3512, when taken as a percentage of the Nov 2007 high. It fell 47.81% from its Nov07 high of 6730.