Mar

3

700, from Phil McDonnell

March 3, 2009 |

Not only was the S&P drawn to the magic 700 round but others were as well in odd ways. The Dow index was down almost exactly 300 points on the nose. The NASDAQ was down almost exactly an even 4% (really 3.99%). Somehow it does not seem random. Even though one was price level, one in points and one in percent change, still all were quite round.


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