Dow Repeats Great Depression Pattern: Charts

[hillbilly123069]

http://www.cnbc.com/id/38092759

 

[GunnyFreedom]

they promise charts. there are no charts.

 

[krazy kaju]

They don't promise charts. They describe them, though.

 

[Anti Federalist]

I want charts, not descriptions.

 

[someperson]

Maybe they figured a picture with colors might make a few more individuals aware of what is actually happening, so they decided to bore the average reader away

 

[GunnyFreedom]

They don't promise charts. They describe them, though.

The headline promises charts.

 

[FrankRep]

 

[Fox McCloud]

Keep in mind today doesn't matter since it's closed.

it's bad when news people make claims and don't post charts, even if it is true >.>

here's the 1929 crash and recovery, then crash again:

this time it was a little more than a 60% rebound, but not by much....at all. Either way, it'll be interesting to see if it really does crash...if it does, it won't be pretty, at all.

 

[Zippyjuan]

I found some global charts here: http://www.voxeu.org/index.php?q=node/3421 (updated January 2010)

World Equity Markets:

Global Output:

An S&P 500 chart from Seeking Alpha:

http://seekingalpha.com/article/177...eat-depression-dow-vs-great-recession-s-p-500

Every crisis is different. You cannot really compare one from 80 years ago to today.

 

[DFF]

Am

Keep in mind today doesn't matter since it's closed.

it's bad when news people make claims and don't post charts, even if it is true >.>

here's the 1929 crash and recovery, then crash again:

this time it was a little more than a 60% rebound, but not by much....at all. Either way, it'll be interesting to see if it really does crash...if it does, it won't be pretty, at all.

That head and shoulders pattern is a bit scary...though it doesn't mean the market will crash out...S&P will probably drop down to the 890's (161% fib retrace) then catch a nice bounce