Peak was 350+ point and trough was 41+ odd points.
Dow Jones 1929
Dow took a nose dive from 350 odd points to 190 point in span of 100 days and rallied almost 50% retrace to 300 over 6 months before making multiple false bottom to attempt to backup. Finally landed with 41 in 1933 and this took almost 4 years to happen.
Dow Jones 2007- Current
Does the current market looks like 1929 markets after having rallied almost 50% on indices for almost 6 months now? And will it make multiple false bottoms coming? Are we expecting declines coming all the way till 2012?
Note:Click all the images for sharper view
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