The stock market decline on September 20th wasn't taken seriously by anyone.
Everyone believed that they had understood everything and that this drop would be similar to the situations in June and December 1928, and March and May 1929.
Back then, after the story index reached a high point, a decline also occurred, but soon this downturn was halted, and the stock index rose continuously.
It was precisely for this reason that everyone believed now was the best time to buy stocks.
So even in the following period, when the stock market continued to fall, substantial funds continued to flow into the stock market.
In such a situation, people became more convinced of their previous beliefs.
This downturn was merely temporary.
This situation persisted until October 2nd.
On this day, the "Wall Street Journal" published a report stating that loans from stock brokers had reached 8.804 billion US Dollars.
This was an increase compared to the data previously reported.
