When we started counting, the day the stimulus passed, the DOW was at 7850.41. This afternoon, it's at 7062. It dropped 119 points today, after learning that CitiCorp is in the crapper. Nearly 800 points lost since Barry got his stimulus.
Heck'uva job, there, Barry.
I went over to the VA hospital today to see a friend, Junior, who is recovering from gut surgery. I haven't been in that hospital in 20 years and it's a whole lot bigger than it was then. And, construction work is ongoing. It's good to see that the VA is taking care of our servicemen.
In a few minutes, Milady will be home from work. We'll take our walk and decide what we want to have for supper. It's time to begin the weekend.
2 comments:
Enjoy the weekend with your family! I'm betting we're going to see 5000 before it's over.
WV- andwaa
Put this together after a discussion at work yesterday,
Eddie in Roanoke VA
8-28-2008: DNC is over, Obama is nominated as the Democratic candidate for President
Dow closes @ 11,715 trading volume 3 billion 854 million shares
Nov. 4, 2008 Election Day Obama is Elected President
Dow closes 9,625
Nov. 5, 2008 Day after Election
Dow Closes 9,139
Jan. 20, 2009 Inauguration Day Barrack Hussein Obama is Sworn in as the 44th President of the United States
Dow Closes 7,949
Feb. 17, 2009 President Obama signs the Economic “Stimulus” bill into law
Dow Closes 7,552
Feb 27, 2009 10 days after the bill is signed
Dow Closes @ 7,062 trading volume 117 million Shares
As of today march 2, 2009 @ 11:15 am the Dow is @ 6,877 the lowest it has been since 1997.
So between 8-28-2008 & 2-27-2009, 6 months since Barrack Obama was nominated the stock market has dropped 4,136 points which is over 1/3 the value it was on 8-28-2008 and the trading volume has FALLEN 3 BILLION 737 MILLION SHARES
All of this data was obtained from Yahoo! Finance Dow charts
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