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May 26, 2020
1:15:47pm
Acorn All-American
After the Stock Market Crash in October 1929, the Market increased by almost 50%
by April 1930. The actual low was in November at $198, then the index increased to $293 by April, a whopping 48% increase in five months. Subsequently, it dropped over the next several years. I see a data point on the chart I searched for at $41 in July of 1932, a decline of 86%. I had no idea that this happened until a few weeks ago. Very interesting.

Is it the same? Is it different this time? We are at about month three from the start of the drop. What will it look like in six months? In a year? How much will the government leverage our future? If I knew, I wouldn't need a day job.

Trying to figure out what will happen next, and over the next year or two, is really teasing my brain. Definitely too early to have learned any lesson of value. Maybe we should post our predictions?
This message has been modified
Originally posted on May 26, 2020 at 1:15:47pm
Message modified by Acorn on May 26, 2020 at 1:17:53pm
Message modified by Acorn on May 26, 2020 at 1:18:46pm
Message modified by Acorn on May 26, 2020 at 1:19:29pm
Message modified by Acorn on May 26, 2020 at 1:20:17pm
Acorn
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Acorn
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Nov 25, 2004
Last login
Apr 26, 2024
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Related Threads Topic: Pretty amazing that the stock market is higher today than it was (maizecoug, May 26, 2020 at 11:59am)

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