November 20, 2008

Watching the Dow

2000 pt drop from 13,000 to 11,000
May 16 to July 14 (59 days)

2000 pt drop from 11,000 to 9,000
September 26 to October 28 (32 days)

2000 pt drop from 9,600 to 7,600
November 4 to November 20 (16 days)

Of course, there's wiggle room on the dates, but the idea is clear.

(PS: Here's another indicator: I was about to create a new label for the current recession, until I realized that it's likely to be synonymous with the current label "economy" for the life of this blog.)

And here's a link.

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