baltimoresun.com

« Productivity gains could cut medical costs -- without death panels | Main | Should hacks be busted, regulated or ignored? »

September 14, 2009

Spooky

Barry Ritholtz notes that the Dow Jones Industrial Average was at about about the same level on 9/11 in 2001 and 2009. On 9/10 2001, it closed at 9,605.51. The markets never opened on the day of the attacks, so technically that was the price on 9/11/01, also. On 9/11 2009 the Dow closed at 9,605.41. Fate? The hand of the financial gods? An omen? No, just coincidence. And a sign of a whole lot of financial turmoil and ulcers in between. (Click on the link above to Ritholtz for a chart that makes this painfully clear.) If the Dow is 9,605 on 9/11 2019, then we can talk about bad cosmic vibes.

This has been circulating Wall Street trading desks: On both 9/11/01 and 9/11/09, the Dow industrials were at 9605. (it was the close of the 9/10 in 2001, since markets never opened on 9/11 2001).
Posted by Jay Hancock at 11:58 AM | | Comments (1)
        

Comments


There is a fifth dimension, beyond that which is known to man. It is a dimension as vast as space and as timeless as infinity. It is the middle ground between light and shadow, between science and superstition, and it lies between the pit of man's fears and the summit of his knowledge. This is the dimension of imagination. It is an area which we call the Twilight Zone.

Post a comment

All comments must be approved by the blog author. Please do not resubmit comments if they do not immediately appear. You are not required to use your full name when posting, but you should use a real e-mail address. Comments may be republished in print, but we will not publish your e-mail address. Our full Terms of Service are available here.

Verification (needed to reduce spam):

About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
-- ADVERTISEMENT --

Most Recent Comments
Baltimore Sun coverage
Sign up for FREE business alerts
Get free Sun alerts sent to your mobile phone.*
Get free Baltimore Sun mobile alerts
Sign up for Business text alerts

Returning user? Update preferences.
Sign up for more Sun text alerts
*Standard message and data rates apply. Click here for Frequently Asked Questions.
Charm City Current
Stay connected