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To: tobyhill
The DOW is down over 2000 since Obama got elected and almost 1000 since he took office.

The decline started in early summer 2008. Bush was still president. It hit the 13,000 level and began a steady decline, with periodic up-ticks.

It went over the cliff soon after the $700+150 billion bailout bill of October 1, 2008.

From the 13,000 peak, the market declined nearly 5,000 before Obama took office.

Photobucket
69 posted on 03/02/2009 5:32:08 AM PST by TomGuy
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To: TomGuy

Doesn’t your arrow also point reasonably close to the time Obama surged well ahead in the polls for good? Yes or no?


70 posted on 03/02/2009 5:36:58 AM PST by John W
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To: TomGuy
It went over the cliff soon after the $700+150 billion bailout bill of October 1, 2008.

Yes, and since that bailout was so successful in stabilizing the market, they're going to keep doing it.

84 posted on 03/02/2009 7:26:32 AM PST by meyer (The left is flooding the ship - let's quit bailing water. We are all John Galt.)
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To: TomGuy

Your chart’s off. The fall happened on Monday Oct 6+, 2008. It was 9955 at the close on that date.


87 posted on 03/02/2009 11:56:32 AM PST by spunkets
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