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Monday, March 02, 2009

DOW(N), DOW(N), AND DOW(N)

Dow record High: Oct 2007 : 14164.53
Dow at close on 3/2/2009: 6763

% loss from high = 52%

Dow at close on 4/28/1997: 6783

Took the DJ Index 10 YEARS and 5 MONTHS to reach the peak, and took only ONE YEAR AND FOUR MONTHS TO GIVE BACK THE GAINS...IN ONLY 12.8% OF THE TIME.

AIG- THIS BEAST SIMPLY CANNOT BE FED..ALREADY ATE $150 BILLION, NOW GOING AFTER ANOTHER $30 BILLION.

This is a weird world. The government says it cannot allow AIG to fail...but it is allowing millions of individuals to fail every day...by not providing for food or education...

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