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Dow 200+ Point Days at Dec. 2008 High

Friday, August 19, 2011 2:25
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(Before It's News)

Tim Iacono The chart below would be far less terrifying if August were almost over, but, since we’re only about half way through and have already seen the most 200+ point days for the Dow in a single month since December of 2008 (when it looked like the global financial system might not survive) many stock investors are probably reaching for the Maalox right about now. Based on an extrapolation of the 14 days of trading that are already in the books this month, August will equal the volatility seen in October and November of 2008, back when TARP was being debated and implemented, voters were casting their votes to elect a new president, and 200+ point swings for the Dow were the rule, not the exception.

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