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I just thought it would be interesting to see the nice charts of 1929 stock market crash. I had opportunity to browse these charts (courtesy ofwww.marketvolume.com) and decided to share it.
As you may see from the charts below, 200 pointsof crash down in 2 months in 1929, then 100 points up for the next 5 months (until May 1930) and then 2 years and 2 months (until July 1932) down to the $40 level. Keep in mind that 200 points at that time is more than 50% drop from the top in September 1929.
Chart 1: Dow Jones Industrial chart, 1929 - 1934, 1 bar = 10 days
Chart 2: Dow Jones Industrial chart, 1929 - 1934, 1 bar = 10 days
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