We are not in 2011.
It's not the same
Boy, what a compelling argument. I guess we can throw all of technical analysis into the trash, seeing as how the present is never at any point of the past. It's not the same

Yes, we can, and we should.
"I realized technical analysis didn't work when I turned the charts upside down and didn't get a different answer" - Warren Buffett
nicely put!