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Date:
Tue, 3 March 2009 11:12 WesternIndonesiaTime
Subject: Dow Jones First Under 7000 Since 1997 After My "Up Or See"
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The Dow Jones
industrials' moves since Lehman fall
How the Dow Jones industrials
have fared each trading day since fall
of Lehman Brothers
The Associated
Press
Monday March 2,
2009, 7:05 pm EST
How far the Dow Jones industrial
average has fallen or advanced each trading day since Lehman
Brothers Holdings Inc. filed for Chapter 11 bankruptcy
protection on Sept. 15. Since Lehman's fall, which touched
off a paralysis of the credit markets and deepened the
recession, the stock market has gone through an extended
period of volatility that subsided during December but that
has returned in 2009.
The numbers are the closing
levels for the Dow:
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The Dow Jones industrials' moves since Lehman
fall |
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date |
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down |
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up
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at
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Sept. 15, 2008 |
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504.48 |
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-------------- |
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10,917.51 |
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Sept. 30, 2008 |
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485.21 |
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10,850.66 |
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Oct.
1, 2008 |
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19.59 |
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10,831.07 |
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Oct.
31, 2008 |
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144.32 |
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9,325.01 |
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Nov.
3, 2008 |
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5.18 |
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9,319.83 |
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Nov.
28, 2008 |
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102.43 |
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8,829.04 |
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Dec.
1, 2008 |
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679.95 |
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8,149.09 |
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Dec.
31, 2008 |
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108.00 |
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8,776.39 |
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Jan.
2, 2008 |
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258.30 |
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9,034.69 |
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Jan.
30, 2008 |
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148.15 |
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8,000.86 |
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Feb.
2, 2008 |
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64.03 |
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7,936.83 |
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Feb.
27, 2008 |
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119.15 |
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7,062.93 |
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March 3, 2008 |
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299.64 |
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6,763.29 |
Net loss since Sept. 15, 2008:
4,154.22
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Chart shows the Dow
Jones industrial average since 1997
Mon Feb 23, 6:47 PM ET
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Specialist Peter
Mazza works on the floor of the New York Stock Exchange Monday,
March 2, 2009. Investors' despair about financial companies and
the recession has brought the Dow Jones industrial average to
another unwanted milestone: its first drop below 7,000 in
more than 11 years.
(AP Photo/Richard Drew)
Mon Mar 2, 5:01 PM ET
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Specialist Ned Zelles
works on the floor of the New York Stock Exchange Monday, March
2, 2009. Investors' despair about financial companies and the
recession has brought the Dow Jones industrial average to
another unwanted milestone: its first drop below 7,000 in
more than 11 years.
(AP Photo/Richard Drew)
Mon Mar 2, 5:00 PM ET
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A board on the floor
of the New York Stock Exchange shows the closing number of the
Dow Jones Industrial Average, Monday, March 2, 2009. Investors'
despair about financial companies and the recession has brought
the Dow Jones industrial average to another unwanted milestone:
its first drop below 7,000 in more than 11 years.
(AP Photo/Richard Drew)
Mon Mar 2, 4:59 PM ET
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A board at the New
York Stock exchange shows the Dow Jones Industrial Average March
2, 2009. U.S. stocks slid to 12-year lows on Monday as a
record $61.7 billion loss for AIG and another government bailout
for the insurer heightened concerns about the extent of damage
to the financial system. The Dow Jones industrial average slid
299.64 points, or 4.24 percent, to end unofficially at 6,763.29.
REUTERS/Shannon Stapleton
(UNITED STATES)
Mon Mar 2, 4:17 PM ET
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for first time since 1997
AP Business Writer
Mon Mar 2, 5:44 pm ET
NEW YORK – A relentless sell-off in the stock market Monday blew through barriers that would have been unthinkable just weeks ago, and investors warned there was no reason to believe buyers will return anytime soon. The Dow Jones industrial average plummeted below 7,000 at the opening bell and kept driving lower all day, finishing at 6,763 — a loss of nearly 300 points. Each of the 30 stocks in the index lost value for the day.
And the Standard & Poor's 500 stock index, a much broader measure of the market's health, dipped below the psychologically important 700 level before closing just above it. It hadn't traded below 700 since October 1996.
For the year, the Dow has lost 23 percent of its value.
Its last close below 7,000 was May 1, 1997 — a time when the market was barreling to one record high after another because of the boom in technology stocks, but often suffered big drops as investors worried about inflation and rising interest rates.
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Dow ends under 7,000, S&P tests 700 on AIG fallout
Reuters - Tuesday, March 3
By Leah Schnurr
NEW YORK - U.S. stocks slid to 12-year lows on Monday as a record $61.7 billion loss for AIG and another government bailout for the insurer heightened concerns about the extent of the damage to the financial system.
Disarray at banks around the world has pounded global stocks, pushing the Dow Jones industrial average to
its first close below 7,000 since May 1997. Selling of financial, energy and industrial stocks briefly drove the S&P below 700 during the session for the first time since October 1996.
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The news about Dow Jones that appeared this morning
on TV in Jakarta really made me feel uncomfortable. Dow Jones drops
below 7,000 for first time since 1997, and it happened just a
few hours after my previous letter of
"Up Or See" in which I wrote:
".......This message becomes more important since the name of Police
Commissioner Theresia Mastail reminds me with Mother Theresa, who died
just one week after Lady Diana died. Those two persons died after Lady
Diana made a pose in front of Mother Theresa resemblance to my painting
"Snail But Gold". Considering that they were some kind of rare persons,
I think this message is something important for me too...."
I produced the painting in 1997, and
Lady Di's response with mother Theresa appeared on the media in June
1997.
Is it related with the fact that so far Rahma
has made her consistency of "Combining
It With The Test", so I can only wish that the "test" will be
realized soon, or I will one day "see" again with the risk of not moving
up to the heaven above and keep becoming a trigger of huge disasters.
Or maybe also related with
A Player, Not Just An Audience, for the sake of
The Act Of Releasing Preventive Responsibility.
Whatever matter it is related with, as long as
I can be more useful for human being in this world I will be glad to do
that.
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Thank's,
A.M. Firmansyah
[email protected]
Tel. +62812 183 1538
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