Looking at the Dow chart for Bush's term from 2000, I was struck by the fact that it resembles a giant W. Closer analysis revealed that the Dow had reached a high on May 14, 2001. On May 26, 2001 Bush gave remarks after passage of tax-cut plan. The Dow began a long descent hitting it's low of 7,528 at the end of Sepember 2002. Sep. 26, Bush continued his fight against corporate fraud and abuse. The chart made a double bottom, forming the "W" on March 3, 2003.
March 22, 2003, Bush initiates Operation Iraqi Freedom finally ending the long slide in the Dow.
My question is this-Do you see a pattern in all this?
Has Bush left his mark?
http://finance.yahoo.com/charts#chart1:symbol=^dji;range=20000301,20060824;indicator=volume;charttype=line;crosshair=on;logscale=on;source=
http://www.whitehouse.gov/news/releases/2001/05/20010529-4.html
http://www.whitehouse.gov/news/releases/2002/09/20020926-10.html
http://www.whitehouse.gov/news/releases/2003/03/20030322.html
2006-08-25
10:47:42
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4 answers
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asked by
Anonymous
in
Politics & Government
➔ Other - Politics & Government