Busts and Crashes, from David Lillienfeld

2013-10-30 · David Lillienfeld
Original source

As we bid adieu to October, does anyone know how frequently busts and crashes have started/taken place during November/December during the last century or so (maybe 125 years)?

anonymous writes:

Firstly, define busts and crashes. That is difficult enough given that market volatility keeps shifting. If only the big ones, you have only 12 datapoints!

If more generous, none recently on Dow Jones but since 1900:

11/1909
11/1916
11/1919
12/1961
12/1968

Secondly, define market. Most recent would be 12/1989 but that is on the Nikkei.

Lastly define peak. There are some double tops where the actual high was in Oct or Jan.

I wonder myself what it means — is a December less or more likely, given it is the least frequent month historically?