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Re: langlui post# 55330

Thursday, 08/27/2009 9:46:17 PM

Thursday, August 27, 2009 9:46:17 PM

Post# of 160314
Dow highest since day after Election Day

As you may recall, the market rallied on Election Day, the Dow opened November 4th, 2008 at 9,323.89 and closed at 9,625.28, a gain of 305.45 points or 3.28%.

Then on November 5th the Dow opened at 9,616.60 and closed at 9,139.27, a loss of 486.01 points or -5.05% (Warm Wall Street welcoming to the Obama administration).

November 5th was the last time the Dow breached 9,600 points (not counting Tuesday, two days ago).

Today's intraday high was 9,609.72 and Tuesday was the year-to-date high of 9,620.

The last time the Dow traded above 10,000 was on October 7th, 2008.

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