The Market had it’s best 3-week rally since 1928:
By Daniel at 2 April, 2009, 8:45 pm
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I thought we could look back at the rallies during the Great Depression Bear Market (1929-1932):
Nov 1929 - April 1930 (5 months rally), Dow Jones 200 to 300: +50%
June 1930 - Sept 1930 (3 months rally), Dow Jones 210 to 250: +19%
Dec 1930 - Feb 1931 (2 months rally), Dow Jones 155 to 200: +29%
June 1931 - July 1931 (1 month rally), Dow Jones 120 to 160: +33%
Oct 1931 - Nov 1931 (1 month rally), Dow Jones 85 to 120: +41%
Feb 1932 - March 1932 (1 month rally), Dow Jones 70 to 90: +29%
July 1932 - Sept 1932 (2 months rally), Dow Jones 40 to 80: +100% — END OF BEAR MARKET
Still, in between all these bull runs, the market dropped 89%.
Now to the rallies of 2008-2009 ongoing Bear Market:
Nov 2008 - Dec 2008 (1 month rally), Dow Jones: 7500 to 9000 = +20%
March 2009 (so far, 1 month rally), Dow Jones: 6500 to 8000 = +23%
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