Worst January ever for Dow, S&P 500

[RedEarth]

Source: CNN

NEW YORK (CNNMoney.com) -- The Dow Jones industrial average and Standard & Poor's 500 finished their worst January ever Friday as investors eyed abysmal reports on economic growth and quarterly earnings.

..........

Wretched month: It was the worst January ever for the Dow industrials and S&P 500, according to Stock Trader's Almanac data.

The Dow lost 8.8% and the S&P 500 lost 8.6% in the month.

The Nasdaq's loss of 6.4% was eclipsed by last January's loss of 9.9%. That 2008 loss was the worst in the tech average's history, going back to its inception in 1971.





Read more: http://money.cnn.com/2009/01/30/markets/markets_newyork/?postversion=2009013018

[RUMMYisFROSTED]

1. Chimponomics.

[Xipe Totec]

2. Immediately following worst December ever,

and worst November ever...

[RUMMYisFROSTED]

3. ...and worst prez ever.

:think:

[Bandit]

5. and IMO worst Congress ever

But it's okay because "Impeachment was Off the Table"

[RUMMYisFROSTED]

6. ...making it the worst electorate ever.

:dunce:

[Mr Rabble]

4. Here is something to look forward to-

Next January will be the worst on record, making this year look good by comparison.

[Blandocyte]

7. Buying opportunity?

I'm hoping that the nosedive to the bottom has slowed, so am getting more shares of mutual funds for my "retirement." But I suppose I should also be taking better care of my body as an investment in my health so I can sell a kidney or something in my old age. Heh.