The Crash!

peedee

1
341 0
How long does it take a market to crash i.e. minutes, hours or days? Also, how much of a % does the market have to lose before it's classed as a crash? Or do other factors have to be applied to warrant a sharp down side as being a crash? One more thing, how many times has the market crashed in the last 30yrs? and how many times has the housing market crashed in the last 30yrs? Cheers! PeeDee!
 

adrianallen99

Established member
630 4
A crash is a sudden dramatic loss of value of shares. A depression or bear market can be far more damaging.

In the 1929 crash the dow dropped 50%, but inthe great depression that preceded this, it dropped a totoal of 85%.

In 1987 the dow lost 22% in one day. The FTSE lost 10.8% in the first day and 12.2% the second.

The 2002 downturn was more part of a bear market and saw the NASDAQ 75% from its previous highs.
 
 
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