Thursday, October 09, 2008

Dow 0

A week or so ago, I mused to a friend of mine that the Dow Jones Industrial Average very well might be at 8,000 by the time Election Day rolls around. Since then, we've 7 straight days of decline in the stock market including today's record loss, which brought the index all the way down to 8,579.

Quite frankly, I'm starting to think that I might have been too optimistic in my off-hand, alcohol-inspired prediction.

At the rate things are starting to go, we'll be getting close to zero by November 4th.

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