In 1929 the [[Dow Jones Industrial Average]] (DJIA) declined 90.0% over a duration 34 months. Six successive market crashes comprised this famed crash:
In 1929 the [[Dow Jones Industrial Average]] (DJIA) declined 90.0% over a duration 34 months. Six successive market crashes comprised this famed crash:
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*1) between September to November 1929 (the DJIA fell 40% in this first phase);
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#between September to November 1929 (the DJIA fell 40% in this first phase);
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*2) from April to June 1930;
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#from April to June 1930;
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*3) from September to December 1930;
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#from September to December 1930;
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*4) from March to May 1931;
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#from March to May 1931;
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*5) from July to January 1932;
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#from July to January 1932;
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*6) from March to July 1932.
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#from March to July 1932.
A new upswing in DJIA stocks then started immediately, as did a general business recovery.
A new upswing in DJIA stocks then started immediately, as did a general business recovery.