The Days the Stocks went Down!

...7/19/02: the Dow Jones industrials shattered their post-terrorist attack lows Friday in a dramatic 390-point selloff that began with news of a government investigation at Johnson & Johnson and quickly turned into a full retreat by bruised investors.

It was the average's lowest close in nearly four years. Analysts attributed the declines to Wall Street's unwillingness to make any bets in a market that appears capable of only falling farther - stocks have now fallen sharply for nine straight weeks.

The Dow closed down 390.23, or 4.6 percent, at 8,019.26, after falling as much as 442 points in the final minutes of the session. The finish put the average 216 points beneath the Sept. 21 close following the terrorist attacks and at levels last seen in October 1998. It was also the Dow's seventh biggest one-day point drop ever, after a 436.37 point drop on March 12, 2001.
Broader stock indicators, which have been trading below their Sept. 21 lows for a while, also fell.

The Nasdaq composite index fell 37.88, or 2.8 percent, to 1,319.07, and the Standard & Poor's 500 index tumbled 33.81, or 3.8 percent, at 847.75.

The selling quickly spread across the market. Not a single stock in the Dow managed to end regular trading with a gain. Declining issues led advancers nearly 4 to 1 on the New York Stock Exchange. Volume was 2.42 billion shares, compared with 1.73 billion Thursday.
...50% of Americans have invested money in the stock exchange...analysts say that this is a good time to buy since stocks are on sale...people in the 20s' to early 40s' should take advantage of this situation...on the other hand, many people are just afraid to take the risk, in spite of the bargains...the Dow has dropped over 1300 points in 2 weeks...the best place to put money is real estate!...

...going...going...going down!...

..7/19/02: WorldCom files for bankruptcy, this is the largest in US history...the company says the public has nothing to worry about with regards to their telephone & digital service; at least not right away!...the loss amount is twice as big as Enron, it will take $2 billion & 1 year to recover...Adelphi Comm may be following suit; they are, buy 7/24/02, the family is arrested for using company money for family pleasures...7/22/02: MERCK is the next company charged with creative accounting, adding the drug co-pay as revenue before actually received by the company...

...the American dollar "bill": $750 billion!...

...7/22/02: the Dow plunges (-234) below the 8000 mark, the lowest since 1998!...the NASDAQ (-12) is below 1300, its lowest since 1997...

...7/23/02: the Dow drops(-82) to 7702!...the NASDAQ (-54) is at 1229...

...7/24/02: the Dow soars(489+) to 8191! (the second highest increase in history!)...the NASDAQ (57+) is at 1286, also an historic turnaround...

...It's...a...gain!...

...7/25/02: the Dow breaks even (-4) to 8187!...the NASDAQ tumbles (-50) back to 1236...

The day the stocks X-change'd!

...7/29/02: What a comeback! the Dow achieves the third biggest increase in 1 day (+447) soaring to 8634!...the NASDAQ goes up (+73), ending at 1309...7/30/02: the stocks basically break even...the same is true for 7/31/02...

...8/1/02: Whoops! a new month, and the Dow stumbles (-230) !...the NASDAQ also slides down (-50) !...8/2/02...Oops! they did it again; the Dow falls (-199) to 8313...the NASDAQ, it tumbled, losing (-32) and settling at 1247!...8/5/02: Slow "dow"n!...the Dow drops 269, landing at 8043; the NASDAQ hit bottom at 1206, losing 41 points...8/6/02: hopes are high as the Dow rises 240+...for now, we will abandon this roller coaster ride until additional guano hits the fan!...
...9/3/02: Look out below!...the Dow Jones industrial average closed down 355.45, or 4.1 percent, at 8,308.05, its fifth straight day of decline...Tuesday's drop was the largest one-day loss since July 19, when the Dow fell 390.23, and it came after a 2.4 percent drop last week which broke a five-week winning streak...the broader market also finished sharply lower...as the Nasdaq composite index declined 51.01, or 3.9 percent, to 1,263.84, after falling 4.8 percent in the previous week to end three weeks of gains...

...9/19/02: "Dow" and "Dow"n again, the stocks tumble below the 8000 mark...The Dow Jones industrial average tumbled 230.06 points, or 2.82 percent, at 7,942.39, according to the latest available figures...it was the first time the Dow closed below 8,000 since 7/23/02...the technology-laced Nasdaq Composite Index was down 35.68 points, or 2.85 percent, at 1,216.45, threatening 5-year lows touched on 8/5/02...

...9/23/02: the tech-controlled Nasdaq Composite Index lost 36.16 points, or 2.96 percent, to 1,184.93, closing below 1,200 for the first time since September 1996...the Dow Jones industrial average fell 113.87 points, or 1.43 percent, to 7,872.15, according to the latest available data...the Dow and the S&P have not revisited five-year lows hit in July...

...9/24/02: the Dow Jones industrial average slumped 189.02 points, or 2.4 percent, to 7,683.13...it was the lowest close since Oct. 1, 1998, when the Dow average ended at 7,632.53...the technology-laced Nasdaq Composite Index was down 2.79 points, or 0.24 percent, at 1,182.14...