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Thu 8 Nov, 2012 02:46 pm
10 WORST STOCK MARKET CRASHES
Date Move Loss
10. 1/15/2000 - 10/9/2002 11,792 - 7,286 38.7%
The longest recovery time of all crashes in this list. The combination of the tech bubble bursting and the September 11th terrorist attack served a deadly blow to the stock market.
09. 11/21/16 - 12/19/17 110.5 - 65.9 40.4%
08. 9/12/39 - 4/28/42 155.9 - 92.9 41.5%
One of the most grueling. It took nearly 3 years to recover from this crash! With WWII and the attack on Pearl Harbor, the markets had a very tough time.
07. 1/11/73 - 12/06/74 1051.7 - 577.6 45.1%
One that many people still remember (think Vietnam and the Watergate scandal). This crash lasted for 694 days before bottoming out.
06. 6/17/01 - 11/9/03 57.3 - 30.88 46.2%
Life expectancy in the U.S. was 47 . Only 14% of homes had a bathtub . Maximum speed limit in most cities was 10mph . Average wage was 22 cents and hour
05. 11/03/1919 - 08/24/21 119.6 - 63.9 46.6%
followed a post war boom (Stock prices rose 51%). After the crash bottomed out in August of 1921, this decade saw tremendous growth in the stock market and the economy (often called the roaring twenties).
04. 09/03/29 - 11/13/29 381.17 - 198.7 47.9%
Investors saw almost half their money disappear in just two months. Often this crash is the worst in most people's minds. Kicked off the "Great Depression."
03. 1/19/06 - 11/15/07 75.45 - 38.83 48.5%
Called the "Panic of 1907." The U.S. Treasury department bought 36 million dollars worth of government bonds to offset the decline
02. 3/10/37 - 03/03/38 194.4 - 98.95 49.1%
Following a recovery of almost half of the great depression losses, the market plunged again due to war scare and Wall street scandals.
01. 4/17/30 - 7/8/32 294.07 - 41.22 86.0%
Investors lost 86% of their money over this 813 day beast. This market crash combined with the 1929 crash, makes up the great depression. . If you had $1000 on 9/3/1929 (beginning of the 4th worst crash, it would have gone down to a whopping $108.14 by July 8th, 1932
@Rickoshay75,
Its Really great to hear this things from you because all stock traders are not aware of this things and its really nice to know about it