In 1929, the DOW lost 48% going from 381 to 198. It then gained 48% going from 198 to 294.

Fast forward…the DOW lost 49% going from 13930 to 7062. Since the low in March, it has gained 45%. A gain of 49% would put it at 10,523.

Now the kicker. After the DOW lost 48% in 1929-1930 and then gained 48%, it then LOST 86% plunging to its ultimate low of 41.22 in 1932.

If the same holds true now, it would put the DOW at 1473. Scary stuff!

Having said that, bulls don’t worry…you have another 275 points before the big crash

If you are interested in how the 1929 depression is tracking the 2008, the mother lode of charts is here:

http://voxeu.org/index.php?q=node/3421

- Vics

Related Posts:

• Chart Comparison of Depressions
• The similarities between 1929 and 2009:
• The cause of the depression in the 30’s vs. 2008-2009
• This recession is far from over! We’re just lucky that it did not turn in to a full depression.
• December was the worst month for US unemployment since the Great Recession began.

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