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Re: [sharechat] Nasdaq Bear Market vs.1929 Crash


From: "Lindley Smith" <lindleysmith@bigfoot.com>
Date: Mon, 15 Jul 2002 12:06:44 +0100


So the good news is that we can hope the NASDAQ will only halve from it's value. :-)
----- Original Message -----
Sent: Saturday, July 13, 2002 4:54 AM
Subject: [sharechat] Nasdaq Bear Market vs.1929 Crash

This is quite an interesting chart showing the current Nasdaq bear market compared to the Dow Jones Industrials in 1929.
 
The black line shows the Dow bear market that started on September 3rd, 1929. After that drop, the Dow didn't make it back to its highs until 1954!!

The magenta line is the Nasdaq bear market that started on March 11th, 2000.

For more info...........http://lowrisk.com/nasdaq-1929.htm


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