Tuesday, October 14, 2008

Oops!

Forgot to update yesterday.

Daily status (as of close of business yesterday): the DJI has dropped 1,408 points since the bailout passed on October 3rd. Your Federal tax dollars at work!

Quite a number of media outlets have trumpeted what is admittedly a big rise - but remember we'd fallen a LONG way from last summer's high even before the bailout bill. I may be proven wrong, but it hasn't even come close to happening yet.

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