Schannep Investment Advisors, Inc.
 Your future is why we're here.
 

Home
Who we are
What we can offer you
More about what we do
Why Independent
Monthly Letters
Investment Primer
Radio Ads
 Access to your account
Map to find us
Privacy Policy
Legal Information
We now have two locations

A Banjo for Christmas CD

7594 N. La Cholla Blvd
Tucson, AZ  85741-2307

BSchannep@SIATucson.Com

Telephone:       520-544-2500
Toll Free:         866-544-2500
Fax Number:    520-544-0499

Securities offered through
First Allied Securities, Inc.
A registered broker/dealer.
Member FINRA/SIPC.

Schannep Investment Advisors is a
registered investment adviser in the
state of Arizona. 

First Allied Securities, Inc. does not
endorse or support this web site, nor
are they affiliated with
Schannep Investment Advisors, Inc.

 

Bear Markets

Significant bear markets since the Great Depression in the Dow Jones Industrial average. The October 7, 2002 close of 7422.84 stands so far as the trough for the current bear market.
    Dow Calendar
Decline from Peak Industrials Days
Peak to Trough Trough Value To Bottom
-89.20% September 3, 2029 381.17 1,038
July 8, 1932 41.22
-52.20% March 10, 1937 194.40 1,874
April 28, 1942 92.92
-36.60% February 9, 1966 995.15 1,566
May 26, 1970 631.16
-45.10% January 11, 1973 1051.70 693
December 6, 1974 577.60
-36.10% August 25, 1987 2722.42 85
November 19, 1987 1738.74
-36.68% January 14, 2000 11722.98 997
October 7, 2002 7422.84
       
. . . And the FINRAaq . . .
-77.54% March 24, 2000 4963.03 929
October 9, 2002 1114.88
       
. . . worst still, the Internet Index . . .
-94.74% Mar. 24, 2000 1350 852
July 24, 2002 71

Source: Wall Street Journal
 
This extended bear market destroyed $1.4 Trillion in personal wealth in the first half of 2002, and then another $1.6 Trillion in just the first two stunning weeks in July. The grand total to date: From the market high in March 2000 to date $7 Trillion in wealth has been lost!

           
( Return to Investment Primer Index )

This report is prepared for general circulation and is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or service. Market prices and other data may be obtained from outside sources and is not warranted as to completeness or accuracy. Any comments, statements and/or recommendations made herein do not necessarily reflect those of First Allied Securities, Inc., its subsidiaries or affiliates, and are subject to change without notice.
 

Securities offered through First Allied Securities, Inc.   A register broker/dealer.  Member FINRA/SIPC.
Schannep Investment Advisors is a registered investment adviser in the state of Arizona.  First Allied Securities, Inc. does not endorse or support this web site, nor are they affiliated with Schannep Investment Advisors, Inc.