After eight continuous sessions of fall, Dow finally broke the chain and came up 936 points which is a record in itself: They say it is the highest ever % gain Dow has ever had since 1933. Why 1933? Did it gain much more before 1933 or did it come into existing then?That would be interesting to know and here comes wiki to my help.
The largest one-day percentage gain in the index, 15.34%, happened on March 15, 1933, in the depths of the 1930s bear market.
So today's gain was just 11.1% ...still way to catch up !! Lets wait and watch how the bailout deal is appreciated by the stock investors. We may get a chance to see the record being broken and this time the news headlines might read
"Dow breaks all old records with a jump of 15.35%" :) ...
Indian Sensex also witnessed a huge jump yesterday.. But I am sure that my portfolio is still 50% red and hence I qualify for being a long term investor...
Monday, October 13, 2008
Thursday, October 02, 2008
Second Year movie Track
Now that second year has already started and I have an offer in hand, everything seems to be over and movies are what I am concentrating on. I have been watching so many movies that I thought I shoudl rather keep a track of all teh movies. So here is the list of movies I have watche din last 2 weeks
1) A wednesday
2) Kung Fu Panda
3) Behind Enemy LInes
4) What Women Want
5) Welcome to Sajjanpur
Yeah thats all for now... Many more to come and I think I should start talking a little bit about my view on what is happening in the US economy. Where are we heading? Nobody cares I know but still no harm in having my own viewpoint. Isn't it ?
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