Historical Dow Charts
October 10, 2008
The Wall Street Journal has some great charts today that I think are important for historical reference:
The worst market slumps in the past 100 years
Top 10 Point Drops in the Dow
Posted in Dow, ECB, Fed Rate Cut, Federal Reserve, Forex News, Japanese Yen, US Dollar, US Economy, euro, forex blog
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November 21st, 2008 at 12:13 pm
it is difficult to predict point changes but less so when it comes to time.
1929-1932 or about 3 years
1973-1975 about 2 years, and most recent,
2000-2002 about 2 and a half years.
Many bear markets take several years to complete, but it will be another 1-2, as much as 3-4 years til this correction completes. The NASDAQ is already off