Well, I’m back again

Now, I’m asked; Was that a crash?  YES, what happened yesterday was a crash. When the Dow loses half the value it had a year ago; that’s a crash. Here’s some more instructive history from today’s Wall Street Journal. http://online.wsj.com/article/SB122360636585322023.html

Now, I’m asked is this a crash? Yes yesterday was a crash. Whenever the Dow loses half the value it had one year ago in a week that’s a crash. Here’s another bit of history from the Wall Street Journal

From the Wall Street Journal

One thought on “Well, I’m back again

  1. News alert:Corrections
    My brother the economist says the Dow did not drop by half it was only a 40% drop from its position last year most of it in the last two weeks. Okay not quite half but still bad.

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