Thursday, August 4, 2011

DJIA Closes in a Rout- Down 512.76!

Wasn't this supposed to happen PRIOR to the agreement to the debt ceiling hike to remind the common folk what happens to their 401k's if banksters don't get their way?
The Dow Jones sold off HARD into today's close, and ended with the worst single day loss since the 777 point drop curteousy of Henry 'Hank' Paulson's MAD threat.
The DJIA 1 year chart is looking absolutely brutal.

Dow Jones Industrial Average

-512.76 (-4.31%)
Aug 4 - Close

Dow Jones Industrial Average (^DJI)

Asia opens in 2 hours, and Europe opens again in 12 hours.
Friday could be memorable.
The Doc's sister in law is getting hitched this weekend.
Never thought I might remember the date.