Showing posts with label Dow Jones Industrial Average. Show all posts
Showing posts with label Dow Jones Industrial Average. Show all posts

Wednesday, March 11, 2009

Dow Jones Soars On Obama News!

Dow Jones up 3.91! Of course it was down 100 times that much several times in the last week alone, but according to the news, that was just a glitch and this is great news.

Coincidentally, I found the following picture (without attribution) on the web and find it to be aptly appropriate with the more general trend of the Dow and the upcoming devaluation of the dollar.


Friday, March 6, 2009

I'll Have a Coke, Fries, and a Share of Citibank.

"I'll Have a Coke, a Fries, and a share of Citibank."
"That'll be three dollars, please. Drive around to the next window."

Citibank, one of the two largest banks in the country drops below a dollar a share. ($0.97)

(See chart)

Since President Obama's inauguration, the Dow Jones Industrial Average has dropped 20% and Citigroup has dropped 71%.

Citigroup 52Wk High: 27.35 52Wk Low: 0.97
Dow Jones 52Wk High: 13,191.49 52Wk Low: 6,469.95