Fun with Numbers

The S&P 500 hit an intra-day low this morning of 776.76. That’s the exact same level as the closing low from October 9, 2002, the previous bear market low. Incidentally, the closing Dow low of August 12, 1982 was 776.92.
The Dow is inches away from reaching 10 times the S&P 500 for the first time in 42 years.

Posted by Eddy Elfenbein on November 20th, 2008 at 12:23 pm

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