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« Gold Is Now Higher than the S&P 500 | Main | GM Nearing a Penny Stock » October 9, 2008 So There’s Good News and Bad NewsThe good news is that the Dow only fell 678.91 points today which is 99 points better than last Monday’s drop of 777.68. The bad news is that since the market had fallen 10.7% in the intervening seven days, today’s sell-off is actually larger in percentage terms. **Long Pause** Now that I think about it, there’s no good news today. Today was the 11th worst percentage drop in history. Posted by edelfenbein at October 9, 2008 9:11 PM |
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