Market movements

Still, there are some things we can learn by looking at past crashes. At about.com, I recently ran across Dustin Woodard's review of our 10 worst stock market crashes. Here they are:

Began
Ended
DJIA Fell ...
Change

6/17/1901
11/9/1903
57 to 31
(46%)

1/19/1906
11/15/1907
75 to 39
(49%)

11/21/1916
12/19/1917
110 to 66
(40%)

11/3/1919
8/24/1921
120 to 64
(47%)

9/3/1929
11/13/1929
381 to 199
(48%)

4/17/1930
7/8/1932
294 to 41
(86%)

3/10/1937
3/31/1938
194 to 99
(49%)

9/12/1939
4/28/1942
156 to 93
(40%)

1/11/1973
12/6/1974
1,052 to 578
(45%)

1/15/2000
10/9/2002
11,793 to 7,286
(38%)


What to learn from this