Stock market crash of 1929 recovery

Recovery From Crash Was Quicker Than Most People Think Apr. As a stock market historian, the single best benchmark for all market analysis is the years from to This is the period when the Dow Jones Industrial Average peaked at However, the market actually recovered much faster than most people think.

Below are a list of 28 companies that reflect their respective high price of and the low price of The percentage decline in some cases mirrors what happen to the Dow Jones Industrial Average with all of the changes to the index during the same timeframe. As we can see, many companies were dramatically impacted by the decline from to However, what is most surprising profit system forex the time it took to achieve the break-even point.

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Exactly half of the companies on the list managed to break even after only eight years, in This is less than the time it took for our current market to get stock market crash of 1929 recovery to the break-even point.

Taken as a group similar to a stock index it took an average of 12 years for the companies in the index to break even. This is in stark contrast to the Dow Industrials finally closing above the peak insome 25 years later. The breakeven of the market based on my calculations explains why was the beginning of a new bull market according to Dow Theory depending on the Dow Theorist that you want to believe.

That bull market indication was in force until If this data seems suspect, then it probably is. After all, I selected the companies that fit my model. Expand Want to share your opinion on this article?

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