List: Biggest DOW Dives Since 1929

List of Biggest One-Day DOW Plunges Since 1929
Since we’re heading into the last, critical, “black” days of the “blackest” month for the stock market I thought now’s a good time for a little history.

Note that 3 of the 16 biggest one-day drops have happened in the last 30 days.

The DOW was at 10,831.07 on October 1, 2008. So far this month it’s dropped 21.5%.

I don’t think it’s done dropping yet. Although I expect the DOW to see-saw a bit I’m holding firm to my long-term prediction from February  (when the DOW was at 12,240) that we’ll see 5,711. Of course, it’ll continue to drop well below that point.

◊◊◊◊ Now: Gold @ $733.70, Silver @ $9.72, USDX @ 85.56 ◊◊◊◊
◊◊◊◊ Now: DJIA 8,519.21

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2 Responses

  1. […]   – >> How to Rate Your Bank’s Safety << – How Does Your Broker Rate? – List: Biggest DOW Dives Since 1929 – History of the Meltdown… […]

  2. […]   – >> How to Rate Your Bank’s Safety << – How Does Your Broker Rate? – List: Biggest DOW Dives Since 1929 – History of the Meltdown… […]

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