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Reply #29: Market up 1100 points (give or take) [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

NeedleCast

(1000+ posts) Send PM | Profile | Ignore

Wed Nov-07-07 06:30 PM
Response to Original message

29. Market up 1100 points (give or take)

for the year.

January first market was at about 12,200. Closed today, after 360 point dive, at about 13,290. Doesn't look terribly abnormal to me.

Market was at 12,000 in March, did a steady climb through May, bounced around between 13,000 and 14,000 all summer and into fall. '

Seeing as the market has never been this high before, I'm not sure that drops like this are going to be unusual. I don't think it's a sign of the end of days, or even a sign that I should be pulling my money out and burying it in coffee cans in the back yard.

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