Just take 1931, for starters. No rebound occurred that year following the Dow's greater-than-30% loss that year between May Day and Halloween. It instead proceeded to lose an additional 47% over the subsequent six months.
From good ole mr hulbert.
last time the May thru nov time period stunk this bad
Started by
nimblebear
, Nov 04 2008 12:56 PM
3 replies to this topic
#1
nimblebear
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Welcome to the Dark Side !
Posted 04 November 2008 - 12:56 PM
OTIS.
#2
traderpaul
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Posted 04 November 2008 - 01:08 PM
Just take 1931, for starters. No rebound occurred that year following the Dow's greater-than-30% loss that year between May Day and Halloween. It instead proceeded to lose an additional 47% over the subsequent six months.
From good ole mr hulbert.
She has to take out the last low first....The last low is getting further as i look at my rear view mirror.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#3
milbank
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Posted 04 November 2008 - 01:21 PM
That was the part of the market drop that kicked the crap out of the "smart money" who went back in after the crash in '29.Just take 1931, for starters. No rebound occurred that year following the Dow's greater-than-30% loss that year between May Day and Halloween. It instead proceeded to lose an additional 47% over the subsequent six months.
From good ole mr hulbert.
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#4
traderpaul
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Posted 04 November 2008 - 01:36 PM
That was the part of the market drop that kicked the crap out of the "smart money" who went back in after the crash in '29.Just take 1931, for starters. No rebound occurred that year following the Dow's greater-than-30% loss that year between May Day and Halloween. It instead proceeded to lose an additional 47% over the subsequent six months.
From good ole mr hulbert.
Take out the last low i will put my bear hat on.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
