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Mood!

Wednesday, May 6, 2009

Dow 1929 /1931 and NOW....



 DOW 1929..had a 49 % fall from the highs...then over 6 months recouped 50 % of the fall....

BUT then a down trend which lasted 2 yrs and 3 months..with  a total loss form the 1929 highs of 89%...



are WE going to see similar??  


comparisons abound with that era..history doesn't always repeat exactly...BUT human emotions are unchanged...so perhaps...

On the plus we may see a "bull" run for 6 months...but with world economied mired in debt, and joblessness the long run looks none too good...


DOW NOW... and possible paths...highlighted...in blue arrows





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