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Trading > Amateur Investors

Largest 1 Day % Drops In The Dow

Bob Kleyla | Wed, 10/01/2008 - 7:47pm | Amateur Investors, Dow, Dow 1929 Crash, EUR, investor, Largest % Drops Dow |  Add a comment

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The media made a big deal that September 29th was the largest 1 Day Point drop in the Dow.  However one should look at % Drops and not Point Drops to judge how bad things can actually get.

For example going all the way back to 1900 these are the largest 1 Day % Drops in the Dow by rank.   As you can see September 29th ranked number 27 on the list on a % basis and was nowhere near as bad as the worst two days which occurred on 12/13/1914 and on 10/19/1987.   If you think things are bad today you should look at 1929 when the Dow dropped 12.8% on 10/28/1929 which was followed by a 11.7% drop on 10/29/1929 and then a 9.9% drop on 11/6/1929.

Rank

Date

% Drop

1

12/13/1914

-23.52

2

10/19/1987

-22.61

3

6/6/1945

-18.34

4

8/25/1938

-16.98

5

8/18/1932

-14.18

6

10/28/1929

-12.82

7

3/17/1911

-12.64

8

1/10/1919

-12.64

9

10/29/1929

-11.73

10

10/29/1908

-11.57

11

8/16/1932

-11.43

12

12/19/1921

-11.33

13

9/20/1918

-10.56

14

11/6/1929

-9.92

15

5/26/1933

-8.73

16

8/12/1932

-8.40

17

3/14/1907

-8.29

18

10/26/1987

-8.04

19

7/21/1933

-7.84

20

10/18/1937

-7.75

21

2/1/1917

-7.24

22

10/27/1997

-7.18

23

10/5/1932

-7.15

24

9/17/2001

-7.13

25

9/24/1931

-7.07

26

7/20/1933

-7.07

27

9/29/2008

-6.98

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Bob
Amateur-Investor.Net< /p>

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