The October 1929 Crash Came. During  a period of declining Real state value in United state.( which picked in 1925)

Dowjones made high @ 386.10 september-3-1929 and started Downside reversal.But on 24th october1929 Sharp decline in Dowjones is know as Black Thursday “Called Black Friday” in  Europe Due to time Difference

After that Crash Dowjones  Partial Recover in November ,December 1929 and early 1930.— only to reverse and Crash Again, Reaching low point of the Great Bear Market in 1932. on 8-July-1932 Dowjones made low @ 40.56. Dowjones Reached its lowest level of the 20th Century and did not return to the level of Summer 1929 untill 24-November-1954.