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0.81% 7,971.6 s&p/asx 200

I was doing some informal 'crash research' :) last night.I found...

  1. Heremes
    4,005 Posts.
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    20/10/08
    12:43
    Post #: 4407474
    I was doing some informal 'crash research' :) last night.

    I found the following for 1929, Nikkei, Nasdaq and 1987.

    The market bottoms after a 30% decline upon the first close below the 200 day moving average.. give or take 5%.

    All four had something in common as losses continued but a 15-20% bounce certainly occured.
    XJO Value at posting: 4,071.8
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    lightbulb Created with Sketch.  Great analysis
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