After a one-day recovery on October 30, when the Dow regained 28.40 points, or 12.34%, to close at 258.47, the market continued to fall, arriving at an interim bottom on November 13, 1929 [entspricht 23. März 2020, A.L.], with the Dow closing at 198.60. The market then recovered for several months, starting on November 14, with the Dow gaining 18.59 points to close at 217.28, and reaching a secondary closing peak (bear market rally) of 294.07 on April 17, 1930 [entspricht Stand Ende April 2020, A.L.]. The Dow then embarked on another, much longer, steady slide from April 1930 to July 8, 1932, when it closed at 41.22 [langgezogene C-Welle, Dauer 1,5 Jahre - A.L.], its lowest level of the 20th century, concluding an 89.2% loss for the index in less than three years. [17]
|
Thread abonnieren
