KenOf course those figures are incorrect.For instance 1987 fell...

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    Ken

    Of course those figures are incorrect.

    For instance 1987 fell over 50% by a bit not 45%.

    You will find most of those historical figures are monthly close not maximum highs to minimum lows.

    Most figures do suggest we fell closer to 50% in the 1929 post era than the 90% of the Dow.

    We have invariably recovered early than the US and suffered less with 1974 probably being the exception.

    1974 is interesting as when commodities enter the frame then we are more vulnerable.

    Our 2003-2007 bull was the best and puts as in the dot.com scenario.

    The Dow has had a previous 90% fall as has the Nasdaq as has Japan etc, at different times so although we usually weather the storm better than the US, don't rule out the fact that our time might be next.

    On a time basis, my work says we get over this by 2013 but the US more like 2016/7 so hopefully once again we escape the worst.

 
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