Ok, so it does get uglier: DJIA closes at 6726

Posted By on March 3, 2009

DJIA new 3/3/2009 lowI’ll keep this post short since my mood is the same; the markets tried to find a reason to bounce after loosing 299 point on the DJIA yesterday, but traders and investors would have none of it. The averages did cross yesterday’s ‘ugly’ close a couple time throughout trading on Tuesday, but in the end few were comfortable holding onto positions. Today’s loss was a little over a 1/2% seeing the DJIA down 37.27 to 6726.02 making it the lowest in 13 years.

I promise to post something positive tomorrow!

Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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