someone i know was telling me today that he's lost $150,000 in the stock market in the last year. insane...mid 2007 he was talking about retiring "when the market breaks 15,000. at that point it was a little over 14,100. today? it closed at about 7552.
i jus found these numbers. thought they were interesting. how low is this thing gonna go anyway???
The Dow closed at 7,552.29 today.
The Dow is down 444.99 points, or 5.56 percent, today.
It is the Dow's biggest point-drop since November 5.
It is the Dow's biggest percent-drop since October 22.
The Dow is off 19.01 percent so far this month.
The Dow is down 872.46 points, or 10.36 percent, in the last two days.
It is the biggest two-day point-drop since the two days ending November 6.
It is the biggest two-day percent-drop since the two days ending October 20, 1987.
It is the Dow's lowest closing value since March 12, 2003.
The Dow is off 6,612.24 points, or 46.68 percent, from its record close of 14,164.53 — reached on October 9, 2007.
Year-to-date, the Dow is off 43.07 percent.
(Source: Dow Jones Indexes Media Relations)
Thursday, November 20, 2008
-stock market-
Posted by pablo at 8:22 PM
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