TradingView
realstep
Mar 25, 2020 6:16 PM

Remember Previous Depressions Short

Dow Jones Industrial Average IndexDJ

Description

Important to consider previous depression to see how this one will play out.
Note that stocks go down rapidly, then try to go back up for a bit before crashing down again. Over and over again.
DJI lost 89% during this period.
Comments
DaddySawbucks
Yeah that was a one-off, lol. Took 25 years to reach 386 again; in Nov 1954. IMO gonna be a long time before we see 30k... you could spend a lifetime waiting to get your money back.
RavensPeak
Nice comparison. Thanks.
More