The pobability of jumping around in the market

WSJ found this great chart.  It misses one point, stock market bubble crash suddenly. The market actually jumps from a point on the far right to a point on the far left. For example, look below:

An example of three market crashes recently, well, one hasn't happened yet.

Now that third spike? It is a ginormous dirac delta function about to create a black hole in the universe.