Investing and Financial Markets
Stock Market

Why did the stock market crash on October 29 1928?

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November 27, 2009 12:59AM

Because the investors believed that the stocks were going to go down so they sold all of their stocks and it went down 9%. Then it continued for a period of 5 days. =) <33

Actually, it didn't. The crash came a year later 10/29/1929.