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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (32751)5/10/2000 3:54:00 PM
From: Doppler  Read Replies (1) | Respond to of 63513
 
Hi John- Thanks for the exact figures. I wasn't trying to say the DJIA went down just in 1929. I meant the lows for the move were 90% off the highs, and it was pretty much straight down for 2 1/2 years.

As for the Nikkei, I'm sure you're right. I was just going from memory, but that's still a 70% loss of valuation from the highs.

The point is, it can get a LOT uglier from here- if it wants to.