Monday, September 29, 2008

9/29 biggest drop for DOW & SPX ever

DOW: -10365.45-777.68
SPX: -1106.42-106.59


My hands were shaking a bit and my head felt bigger when I saw the bail out plan was negated in house votes. And then in 1 minute, Dow plunged 400 points. Obviously everyone was expecting the opposite. Politics won, but politics is also about the perception of most Americans, who don't like the plan.
It's not the end of world yet, but it certainly felt close.

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