Tuesday, October 07, 2008

Bu$hCo's Legacy

Worse than yesterday. & tomorrow?
The magnitude of the stock market's plunge is reflected in the Dow's grim stats:

- Tuesday's close was its lowest close in five years, since Sept. 30, 2003.

- In just five trading days this month, and in the fourth quarter, it is down about 1,400 points, or 13 percent.

- It has fallen 33.3 percent since its record close of 14,164.53, a year ago Thursday.

- Through Tuesday, it suffered its largest five-day point decline ever, and its largest five-day percentage drop since the Sept. 11,  2001, terror attacks.

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