Monday, September 29, 2008

Big Day for the Dow, But Only a 6.98% Decline

Today's decline of 6.98% in the DJIA ranks 18th out of the top 20 greatest percentage, single-day declines in history.  It was the highest single-day point loss in history at -777.68.  While I do believe the economic situation is pretty grim, I also believe that the longer term trend is up.  And it would be so unpatriotic to think otherwise, regardless of who wins in November.

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