Monday, September 21, 2026

Is This a Repeat of 1929 and 1987?

 Monday 9/21/2026

In both 1929 and 1987 the markets rallied the first half of the year and into the summer. 

DJIA then fell for a month as I has this August. The DOW then rallied for a couple of weeks before turning down and crashing

Here is a comparison, cone can see the red line drop and rebound to a lower high.



Here is a better picture of 1929. The market fell  into the fall, then rallied adn the fell into October.

If the parallel holds, we are now in the up move of early October. .  The 10929 tme period would be offset a couple of weeks to today. This suggests a rally this week ending sometime this week.

Granted this may be far fetched but so far this is holding up 


 

 Markets rallied today but remain below the mid summer highs.  My take is that once this Sept rally ends we will head down, another crash, that would be hard to predict. 

Here is an up close daily graph of Oct 1929.  10/29 was crash day. 

 

October 29, 1929, was the 302nd day of the year and it fell on a Tuesday.

Details about October 29, 1929

This date holds historical significance for several reasons.

  • Day of the Week — October 29, 1929, was a Tuesday.
  • Year Progression — It was the 302nd day of the year, with 63 days remaining.
  • Historical Context — This date is often associated with the stock market crash, marking the beginning of the Great Depression.
  • Julian Calendar Equivalent — Under the Julian calendar, this date corresponds to October 16, 1929.


 



 Markets rallied today.  But the Transports did not, there is that non confirm of the Dow Theory again. 


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