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Wednesday, May 21, 2008

Dipping


N.Y. stocks plunge about 200 points on inflation fears, oil
(on Tuesday May 20) The 30-issue Dow Jones Industrial Average finished at 12,828.68, down 199.48 points from Monday's finish, after shedding more than 240 points.
At the close of the Clinton years, the Dow Jones Industrial Average closed at an extraordinary high level, known as the "Clinton bull" high. It closed on January 14, 2000 at 11,723.

Incidentally, at the beginning of the Clinton years in 1992 the DOW was hovering in the range of 4,000.

Recapping -
Clinton years - 4,000 to 11,723 - a gain of 7,000+
Bush II years - 11,723 to 12,828 - a gain of 1,100

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