A few charts 1930 vs 2010

zippo

Following are two charts, first is from EWI news letter.  They removed the time, price.  The left one is for DJI 1930 depression, the right one is 2010 , the second is from Online Stock Trade Guide,  sorry if the charts are too small. Any comments?

TXK

1# zippo
You need to explore other economic indicators also, not the stock market only. In the 1929-33 great depression, the US unemployment rate was 25% (one in four lost job), the GDP was down by 25%, over 40% homeowner lost their houses. Finally, the DOW was down by 90% during 1929-33 (from 381.17 in 1929 Oct. to 41.22 in the mid-1933, almost totally wiped out). Compared with today in the USA, the unemployment was 10% in 2009, GDP stopped to decline, and started to recover. Anyone could see the difference behind the two graphs. The great depression would not repeat again thanks to the academic and policy research during the past 80 years. Period.

碧海潮生

1# zippo
You need to explore other economic indicators also, not the stock market only. In the 1929-33 great depression, the US unemployment rate was 25% (one in four lost job), the GDP was down by ...
TXK 发表于 2010-1-18 14:02

Right. But i am not sure at what stage those happened.

zippo

1# zippo
You need to explore other economic indicators also, not the stock market only. In the 1929-33 great depression, the US unemployment rate was 25% (one in four lost job), the GDP was down by ...
TXK 发表于 2010-1-18 14:02

Good point.  Same question asked by above post.  Also, anyone have comments about wave counting?

hrinvestor

March 2009 started the wave one and now is at the last stage of it. We should be at 1-5-4 now. We may continue the correction as we are at 1-5-4. Then it comes the 1-5-5, the final stage of the wave one. So, start from Mid or late February, we may see the correction wave, wave 2 which may last 3-4  months.

zippo

March 2009 started the wave one and now is at the last stage of it. We should be at 1-5-4 now. We may continue the correction as we are at 1-5-4. Then it comes the 1-5-5, the final stage of the wave o ...
hrinvestor 发表于 2010-1-18 15:07

Thanks for your posting.  What's your target of 1-5-5 before Wave 2 start?

coexist