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To: ms.smartest.person who started this subject12/29/2002 2:35:24 PM
From: ms.smartest.person  Read Replies (1) of 5140
 
Weekend Market Analysis (12/28/02)

2002 will end up being the third down year in a row for the Dow which has only happened twice before since 1896 as shown by the table below. As you can see the Dow was actually down four years in a row from 1929 to 1932 which was in the Depression Era and was down three years in a row from 1939 to 1941 prior to the United States becoming involved in World War II. The thing to notice in both periods was that the Dow rallied for four years in a row from 1933 to 1936 after suffering large % losses from 1929 to 1932. Meanwhile the Dow also rallied four years in a row from 1942 to 1945 after being down for three years in a row prior to 1942.

Annual Returns for the Dow from 1896-2002

For table and rest of article, click on link
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