Dow Collapsed about 48 percent in 1929, then there was a huge market rally, when it climbed 48 percent. Interestingly, the Dow had declined by a more resonable 17.3 percent for the year 1929. Apparently, people thought (as do now) that the bear market was over and the good times (or the roaring twenties) were back. In 1930, Dow fell by 33.5% and another 52.7% in 1931. The depression signed off with yet another 23.1% decline in 1932 - a decline of 89% from its all time peak in 1929.
Peak Value of Dow in 1929:381.17 Points (3rd September 1929)
From its decade low it had gained 491.51%.
Low Value of Dow in 1932: 41
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