<For some reason people think that "great depression" is continuous linear drop in all stock prices. It was anything but.>
And it came with thunderous volume. Kaboom!
Illustration is DJI weekly historical:
Open High Low Close Avg Vol Adj Close* 1929-12-30 238.43 249.24 235.95 248.48 3,420,000 248.48 1929-12-23 235.42 246.35 226.39 240.66 2,605,000 240.66 1929-12-16 253.02 253.17 227.20 230.89 3,256,000 230.89 1929-12-09 263.46 267.56 239.58 249.60 4,294,000 249.60 1929-12-02 238.95 261.52 236.13 260.12 3,972,000 260.12 1929-11-25 245.74 246.06 233.59 238.95 3,026,600 238.95 1929-11-18 228.73 250.75 222.93 245.74 2,874,000 245.74 1929-11-11 235.13 235.13 195.35 228.73 5,552,000 228.73 1929-11-04 269.75 269.75 217.84 236.53 5,630,000 236.53 1929-10-28 295.18 295.18 212.33 273.51 10,875,000 273.51 1929-10-21 323.87 333.01 272.32 301.22 7,082,000 301.22 1929-10-14 352.69 358.20 332.11 333.29 3,466,000 333.29 1929-10-07 341.36 358.77 338.86 352.69 3,828,000 352.69 1929-09-30 347.17 350.19 320.45 325.17 4,296,000 325.17 1929-09-23 361.16 365.03 343.26 344.87 4,470,000 344.87 1929-09-16 367.01 375.20 360.44 362.05 4,304,000 362.05 1929-09-09 377.56 380.57 359.70 366.85 4,852,000 366.85 1929-09-03 380.33 386.10 367.35 376.29 4,952,500 376.29 1929-08-26 375.44 383.96 370.34 380.33 4,068,000 380.33 1929-08-19 360.70 378.66 355.68 374.61 4,316,000 374.61 1929-08-12 345.71 364.39 345.71 361.49 4,024,000 361.49 1929-08-05 355.62 358.66 336.13 337.99 3,734,000 337.99 1929-07-29 343.73 358.31 336.36 353.08 3,242,000 353.08 1929-07-22 345.87 349.45 339.32 345.47 3,654,000 345.47 1929-07-15 345.94 349.79 339.98 345.20 4,216,000 345.20 1929-07-08 344.66 350.26 340.12 346.37 4,190,000 346.37 1929-07-01 333.79 348.67 332.23 344.27 4,280,000 344.27 1929-06-24 322.23 335.25 319.27 331.65 3,570,000 331.65 1929-06-17 314.26 323.46 313.58 320.68 3,112,000 320.68 1929-06-10 305.12 317.39 301.22 313.68 2,574,000 313.68 1929-06-03 299.12 312.00 298.53 307.46 3,156,000 307.46 1929-05-31 296.76 300.27 290.02 297.41 3,300,000 297.41 |