DOW Below 9800! 7.5% drop from Bush's Inauguration

[Roland99]

Bush's inauguration: 10,587.60
Today: 9,789.44

7.53% drop.

[CO Liberal]

1. How About That Bush Recovery!!!!

Not!!!!!!

[central scrutinizer]

2. we've turned the corner

Bush has turned the economy around 360 degrees since the recession.

[spooky3]

3. That's terrible performance. Stock mkt on avg increases 8% per year

or more over the past 50 years, I believe. So if it had just behaved typically during this time, the mkt should have gone up more than 35% with compounding.

Let's privatize those social security accounts and get in on the Bush Miracle!

[truthpusher]

4. 9500 on election day

[izzie]

5. This should make the rich boys unhappy.

Has Bush left any thing in place? It is all a mess. I used to get $300 on ave from my retirement when Clinton was in office, and this month I got $150 and my health ins. is going up about 17.5 % this is just great.

[Sinistrous]

6. The dollar at new lows vs Euro and Canadian $, Stock Mkt below 9800.

What is the forecast for Monday, October 25? Will it be another Black Monday?

[okieinpain]

7. I said it earlier, I'm going to say it again. should kerry use the

recession word.

[NewYorkerfromMass]

8. Behold

[Roland99]

9. Wow! Look at those tax cuts go to work!

Woo hoo!!

We'll all be bathing in $100 bills by the end of next year!!

[phish420]

12. LOL!!!

[Roland99]

10. Update...9,757.81

7.83% drop from Bush's inauguration.

And:

AT&T posts 3Q loss of $7.1 billion

Telecom records an $11.4 billion writedown on assets as it moves away from consumer business.
http://money.cnn.com/2004/10/21/technology/att.reut/index.htm

[phish420]

11. OL...I just asked why no one brought this up...lol

guess I should have ready through the topics first...glad to see Im not the only one to notice this!

[phish420]

13. DJIA History Graph - Bush is the FLAT spot (with a dip) at the end

[Roland99]

14. Wow...longest time between net gains in...well...forever!

[Supersedeas]

15. reaping great returns in blood and money

[Awsi Dooger]

16. Awesome! According to one trend, that's a 500 point lead for Kerry

My job requires graveyard shift work in the West, but the FIRST thing I look at now when awaking is the bottom line Dow Jones. So exhilirating today when it was sunk 100+!

Basic day-to-day realities like stock market performance and gas prices are definitely underplayed as Nov. 2 nears. The 19 mostly apoliticl people at my debate parties mentioned them frequently.

Recently I posted a thread regarding a stock market/presidential election trend. In 15 of the last 16 elections, there has been a direct relationship between the market direction and which side wins, based on the final two months prior to election day. Upward means the party in power retains, downward favors the challenger. The key reference point is 10,290. That was the Dow average in early September, exactly two months prior to election day. As of today, Kerry is theoretically ahead by 500 points.

[Roland99]

17. I just hope the Kerry campaign makes hay of this on Monday

[Roland99]

18. Anyone taking bets on how much it drops on Monday?