Crash of 1929
Market peak -- the Dow hit 381.17 on 9/3/1929
Market crash -- 10/28-29/1929, the Dow fell 23.6% over the two days going from 301 to 230Presumed low -- 11/13/1929, the Dow closed at 198.69, a fall of 47.9% from the September high
Rally -- the Dow rallies to 294.07 or up 48% by April 17, 1930
BEAR TRAP -- the Dow proceeds to plummet to 41.22 (yes, you read it correctly) by 7/8/1932, down 86% from the rally high of 1930 and down 89% from its 1929 high
Recovery -- it took until November 1954 for the Dow to get back to its 1929 highs
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