Not really. They got utterly annihilated in 1994 and only did okay in 98 because Newt and company went too far.
I should point out that even while (barely) losing the presidency in 2000 Democrats were just four seats shy of the House majority and tied the Senate.
The 2010 wave was about equivalent to the 1994 wave, the only difference is timing. That it happened in 2010 really screwed Democrats over because they lost any say in redistricting in many critical states.
If there's any solace to be taken by Democrats post-Trump it's that they'll be the "out" party in the next midterm, giving them an advantage if things go significantly south under Trump. Ideal timeline (not that these ever shake out perfectly):
2018: Democrats flip several key governorships and state legislatures, giving them serious leverage over the next round of redistricting. Pick up 2 Senate seats to tie, double digit House seats (I'm not going to predict a House majority until it happens, honestly)
2020: Democrats win presidency, flip Senate, pick up/hold governorships and state legislatures wherever they can. Maybe build on House gains from 2018 for a full flip.
2022: Post-redistricting. Depending on where Dems gain in 2018, governorships could be rough, but elections held under new, fair maps (or even Dem gerrymanders in some cases) blunt any midterm damage in the House. Senate races would be a redux of 2016 which is bad for the GOP - states that were on the radar this year (PA, WI, FL, OH, AZ, NC) would certainly be competitive again. Not much room to make gains except NH, CO and NV.