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 <title>The Industry Standard - Dow Jones falls below 7500 by March 2009? - Comments</title>
 <link>http://www.thestandard.com/predictions/dow-jones-falls-below-7500-march-2009</link>
 <description>Comments for &quot;Dow Jones falls below 7500 by March 2009?&quot;</description>
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 <title>Dow Jones falls below 7500 by March 2009?</title>
 <link>http://www.thestandard.com/predictions/dow-jones-falls-below-7500-march-2009</link>
 <description>&lt;!--paging_filter--&gt;&lt;p&gt;&lt;!--paging_filter--&gt;
&lt;p&gt;&lt;!--paging_filter--&gt; &lt;/p&gt;
&lt;p&gt;&lt;i&gt;&lt;b&gt;Judgment made on Feb. 19, 2009:&lt;/b&gt;&lt;/i&gt; &lt;b&gt;&lt;i&gt;Okay, that was fast. The Dow not only passed the Nov. 20 low mark, it dropped 1.2% in one day to close at 7465.95 on Feb. 19. &lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;&lt;b&gt;Original prediction:&lt;/b&gt; The Dow Jones Industrial Average is dangerously &lt;a href=&quot;http://finance.yahoo.com/q?s=^DJI&quot;&gt;close to falling below its Nov. 20 bottom&lt;/a&gt;. The Dow closed at 7552.29 on Nov. 20, 2008, the lowest point since the global economic crisis started unraveling with the fall of Lehman Brothers on Sept. 15. &lt;/p&gt;
&lt;p&gt;Despite the passage of President Obama&#039;s stimulus package over Presidents Day weekend, the Dow remains below 8000. The Dow closed at 7555.63 on Feb. 18 and is steadily dropping.&lt;/p&gt;
&lt;p&gt;&lt;b&gt;Prediction:&lt;/b&gt; The Dow closes below 7500 by March 1, 2009. The last trading day that will count for judgment is Feb. 27. &lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
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 <comments>http://www.thestandard.com/predictions/dow-jones-falls-below-7500-march-2009#comments</comments>
 <category domain="http://www.thestandard.com/taxonomy/term/13774">bear market</category>
 <category domain="http://www.thestandard.com/taxonomy/term/5661">Business &amp;amp; Finance</category>
 <category domain="http://www.thestandard.com/taxonomy/term/739">dow jones</category>
 <category domain="http://www.thestandard.com/taxonomy/term/13753">stimulus package</category>
 <pubDate>Thu, 19 Feb 2009 13:55:16 -0500</pubDate>
 <dc:creator>Yi-Wyn Yen</dc:creator>
 <guid isPermaLink="false">126936 at http://www.thestandard.com</guid>
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