March 6, 2009
2009-3-6: After starting substantially above yesterday's close, the indices fell to
new lows. including a 1,275
penetration of the NASDAQ's
November 21st, 2008, intra-day low of 1,285,
thus removing the last holdout to new market lows. Then at the close, the
market rallied sharply, bringing the indices to approximately the
unchanged mark. The
today to close at 1,294. The Dow
today to close at 6,627.
a barrel, while gold added $14.90
to settle at $942.70.
I'm going to try to pull together some information and
will have to wait until tomorrow to do it justice. But maybe it's worth
reiterating that we're now in territory that hasn't been experienced since