the biggest stock market crash in history, page-9

Reviewing the situation of the Great Crash of 29,

here are some sobering numbers. The New York Stock Market reached its peak on September 3, 1929 at 381.17.

On October 28, 1929, the stock market lost 13% and on the following day 12%.

The ‘29 Crash reached bottom on November 13, 1929 when the market closed at 198.6 – not quite a 50% loss.

The market seemed to recover until April of 1930 when the New York Stock Market went into a downward slide that ended in 1933.

At its lowest point on July 8, 1932, the stock market closed at 41.22 – an 89% decline from it peak on September 3, 1929.

The stock market did not reach pre-1929 level again until 1954.

oops!


.they for got something this time!