Monday, October 13, 2008

Dow Jones Industrial Average Blasts Through The Roof

The Dow Jones Industrial average posted it's biggest point gain ever, 936.42, up over 11% today after being pummeled in the previous eight trading sessions down nearly 2,400 points.

It's up, it's down. Utter chaos. Wow.


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1 Comments:

At October 13, 2008 3:08 PM , Blogger Derek said...

So far this looks like the action that was needed in the first place to restore confidence. Is the era of Reag-economics finally over in the US? Probably since we learned that the market can't fix itself when complete confidence in the market is lost and can't regulate itself to avoid excessive greed in risky investments that got us to this point.

 

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