Bull Vs. Bear

I just thought it would be interesting to see the nice charts of 1929 stock market crash. Relief and reform measures enacted by the administration of President Franklin D. Roosevelt (1882-1945) helped lessen the worst effects of the Great Depression; however, the U.S. economy would not fully turn around until after 1939, when World War II (1939-45) revitalized American industry.Stock Market CrashStock Market Crash

What is even more amazing is that these last 2 crashes of 2001 and 2008 happened on the peak moment of the year, called the 29th of Elul on the sacred God made, biblical lunar calendar. As stocks climbed in price, many Americans believed that they could amass a tremendous fortune, even if they owned only one or two shares of stock. In its technical analysis the HSBC team uses the Elliott Wave Principle which tracks alternating patterns in the stock market to discern investor behavior and possible next moves. As 1929 began, the Fed began to directly pressure member banks to stop increasing their loans to brokers.

The market crash began in early September, 1929 when the market lost 17{d07e726dc35321c1887ba4b2e6d346fe7eafad5ef6cfcf877aa9d8d8ffdb003a} of its known value in one day. To find a higher reading, you have to go back to the fall of 2007, early in the decline following the October 9, 2007 all-time high. I could go into why and how managers siphon off all the profits off and thus it is futile to try to find great companies. If all investors try to sell their shares at once and no one is willing to buy, the value of the market shrinks.Stock Market Crash

Or maybe its for both, with the up coming 2015 crash, leading into the end of the US in 2022. In the same way, God has given us a sign of this thru the 2 biggest point stock market crashes in American history, 2001 and 2008, both of which occurred on the very day of the 29th of Elul, no small miracle! The 1929 stock market crash lasted for almost 2 months and with this kind of experience, the whole world is hoping that this type of depression would not come into view once more. For that to happen either the stock market will have to crash, the price of gold rise considerably or some of each.

The main cause of this Great Depression that has contributed not only to the downfall of American economy but the whole world as well was mainly due to the rise of radicalism which led to World War II. The exact date was October 29, 1929 where an estimated of about $40 billion dollars from different stockholders were lost.