Monday Monday, Can't Trust That Day

February 23, 2009

The DOW fell 3.4% today and on the first calendar week session in ten of the last eleven weeks. The index is 0.5% away from exceeding a cumulative drop of 50% from the October record closing high of 14165.  The market has lost 20.8% since Warren Buffett in mid-October pronounced that it was then a great time to purchase stocks.

Copyright 2009 Larry Greenberg


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