The Octobers after 1929 crash

“Interestingly, after the 1929 crash (October 28 and 29) the Dow’s movements over the following five days were: +12.3%, +5.8%, -5.8%, -9.9% and +2.6%). Subsequent to 1987’s Black Monday (October 19), the Dow’s changes were as follows: +5.9%, +10.2%, -3.8%, +0.02%, -8.0%. The stock market, of course, behaved quite differently during the years following these two crashes.”

http://www.investmentpostcards.com/2008/10/14/stock-markets-%e2%80%93-a-reversal-of-fortune/

You might enjoy that site and the charts and history.

Related Posts:

• The Second Leg Down of This Great Recession Could Be Worse Than 1930s.
• On the basis of one time honored metric that I rarely see discussed, the market is extremely over valued.
• The PPT. (Plunge Protection Team)
• Rallies will create corrections. And corrections will create rallies.
• Have a good year 2010. Life goes on with or without the stock markets.

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