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...
Monday, March 02, 2009
DOW(N), DOW(N), AND DOW(N)
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