DOW 2.62% $4.46 downer edi limited

1929 revisited ...

  1. 5,816 Posts.
    Hmmm ... no real comparision between then and now although the chart is interesting ... sharp retracements have occured several times since followed by strong upward movements ...



    As second chart shows, the actual drop in 1929 whilst horrendous for the times (no 'plunge protection team' aka 'men in black' ...) worse was to come over the following four years.



    Cheers ... apologies for the size of the charts.


    This is only my view ... read the red stuff.
 
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