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@WOLF_Financial
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ON THIS DAY IN 2008, THE DOW WENT FROM DOWN MORE THAN 300 POINTS TO UP 552 IN A SINGLE SESSION It was the middle of the financial crisis. By early afternoon, the Dow had dropped below 8,000, and the S&P 500 sank to a multiyear low. Then buyers rushed in. By the close, the Dow was up 552 points, a gain of +6.7% and its third-biggest percentage gain of 2008. But the rally didn't last. The Dow still fell another -26% before bottoming in March 2009. Investors who sold out of fear missed days like this. Investors who bought on days like this still had to sit through more pain. That's why trying to time the market is so hard.
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