Tuesday, August 09, 2011

The Top Worst Five

Yesterday the Dow Jones Industrial Average dropped 635 points, or 5.6% of its total.  That was the sixth worst loss on record.  The 'top 5' are as follows;

5. October 9, 2008 - drops 679 points, or 7.3 percent
4. December 1, 2008 - drops 680 points, or 7.7 percent
3. Sept. 17, 2001 - drops 685 points, or 7.1 percent
2. October 15, 2008 - drops 685 points, or 7.1 percent
1. September 9, 2008 - drops 778 points, or 7 percent

What do those five days have in common?  Just asking.