Wednesday, August 3, 2011

Out Of The Woods Yet?

The Dow managed to end its losing streak at eight straight sessions.  If it had finished lower today, it would have marked the first nine-straight-day loss since 1978.  Back then, Jimmy Carter was leader of our country (it would be about another year before the infamous Malaise Speech).  The general public was introduced to unusual economic terms like "stagflation" and "misery index".  Can the DJIA be starting a new streak?

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