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Friday, November 7, 2008

Dow Direction After Presidential Election?

2008 was the worst in history!

It is the fourth time that Dow had lost more than 1% the day after a Presidential Election Day, since 1900 and the worst in % terms.

Coincidentally, all the other 3 times occurred during the Great Depression and won by Democrat.

And how did Dow performed for the rest of the year in those 3 situations?

1932 -4.51% day after, -2.82% rest of year
1940 -2.39% day after, -0.64% rest of year
1948 -3.85% day after, -2.83% rest of year
2008 -5.05% day after, ???

(Source: B.I.G.)

What do you think will happen to Dow for rest of 2008? Will history repeat?

What do you think will happen to Dow after that?

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