20 Biggest Days for the Dow | ||
| Rank | Date | % Change |
| 1 | 3/15/1933 | 15.34 |
| 2 | 10/6/1931 | 14.87 |
| 3 | 10/30/1929 | 12.34 |
| 4 | 9/21/1932 | 11.36 |
| 5 | 10/13/2008 | 11.08 |
| 6 | 10/28/2008 | 10.88 |
| 7 | 10/21/1987 | 10.15 |
| 8 | 8/3/1932 | 9.52 |
| 9 | 2/11/1932 | 9.47 |
| 10 | 11/14/1929 | 9.36 |
| 11 | 12/18/1931 | 9.35 |
| 12 | 2/13/1932 | 9.19 |
| 13 | 5/6/1932 | 9.08 |
| 14 | 4/19/1933 | 9.03 |
| 15 | 10/8/1931 | 8.7 |
| 16 | 6/10/1932 | 7.99 |
| 17 | 9/5/1939 | 7.26 |
| 18 | 6/3/1931 | 7.12 |
| 19 | 1/6/1932 | 7.12 |
| 20 | 3/23/2009 | 6.84 |
During the Great Depression
Adjacent to Biggest Crash Ever
Leading the Greatest Depression
.
very telling chart...!! and great blog fdr! i have been reading your comments/blog since you first appeared on marketwatch, and i am enjoying (and learning from) this blog even more. thanks for sharing the wisdom.
ReplyDeleteAnything after July 1932 represents an up day after the DOW had reached an all-time low
ReplyDeleteWould you help me understand why the market would respond in this manner -- to such a savage rape of all taxpayers today.
ReplyDelete"Anything after July 1932 represents an up day after the DOW had reached an all-time low"
ReplyDeleteThe Dow crashed relentlessly from 1937 to 1942 to 90, that would be like us crashing to Dow 1,200 then revisiting Dow 3,250 in 2020.
The Dow didn't recover from FDR's $500B (in 2009 dollars) New Deal I & II flogging until 1954, which would be like us setting a new high in 2032.
I don't expect us to recover that fast this time.
Not that we ever really "recovered" from FDR's initial socialist Coup, the Dow is 60% lower today, priced in gold ounces, than it was in 1929.
Anonymous number 2:
ReplyDeleteTaking into account the retracement of about 2/3 re-testing the lows of early July 1932, the only periods representing "up days" would be between July 5 and July 20, 1932 and Feb 20 to May 10, 1933.
That would leave #1 and #4 as the only real "up days" in the chart.
I take it don't sell your shorts yet?
ReplyDeletefdralloveragain,
ReplyDeletehave you lost your shirts yet?
fdr, this move right now may define things for a while. hope you are right and we reject at no higher than 7900.
ReplyDeletefdr
ReplyDeletethank you and captain morgan for helping me navigate these rough seas.
"fdralloveragain,
ReplyDeletehave you lost your shirts yet?"
With today's huge market movement, the "projected wave 4 up" has now officially reached and surpassed the previous "wave 1 downward low" on all of the major and minor stock indexes (with the only exception being the DJIA).
FDR, this is pretty serious business. With the DJIA on the verge of reaching its "wave 1 low", the notion of a subsequent wave 5 down is dimming every day.
You're being on the spot many times. However, it seems this is looking to be a pretty tough test / forecast.
Maybe, after all, the low of this trend was actually 6,445 on the DJIA as you had originally forecasted.