Hornswaggled » finance http://www.hornswaggled.com A state of confusion. Sun, 23 May 2010 19:28:30 +0000 en hourly 1 http://wordpress.org/?v=3.0 The Dow jump today http://www.hornswaggled.com/2008/10/28/the-dow-jump-today/ http://www.hornswaggled.com/2008/10/28/the-dow-jump-today/#comments Wed, 29 Oct 2008 04:03:54 +0000 Casey http://www.hornswaggled.com/?p=151 This is a bit off topic but the Dow Jones Industrial average jumped nearly 900 points today mostly in the last 2 hours of trading. While this is good for everyone that is currently worried about their 401K’s I would caution that things may not be as they appear. 

Take a look at this pic from from the early 1930′s to see how the market performed then. The market went up about 10% today and if the chart below is correct we could assume we could see another 15% jump before we start the downward trend again. 

Hopefully for those who are dependant on their 401k’s this chart is nothing but ‘old news’. 

 

If you are curious what the Dow looks like adjusted for inflation over the last century take a look at this or this if you think there is someone behind the curtain.

]]> http://www.hornswaggled.com/2008/10/28/the-dow-jump-today/feed/ 3