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This time is around when the stock market crash had its first few falls. This was the start of the Wall Street Crash of 1929.
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The stock market began to recover slowly after the mini crashes.
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The bull market reaches its peak — the Dow Jones Industrial Average closes at 381.17.
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A record bracking 12.9 million shares were sold/exchanged. The systems could not handle the trading volume, which led to panic selling.
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The market seemed to bounce back on. This led to a false sence of security. By the end of the day, the market was down another 13%.
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On Black Tuesday a new record 16.4 million shares were exchanged. $50 billion was lost. This day the Dow Jones Industrial Average dropped by 11.5%.