For the first time ever the Dow Jones Industrial Average (DJIA charts) fell by over 1,000 points during the trading day. From its intraday peak of 10,879.76 to its intraday low of 9,869.62 the DOW moved 1,010.14 points or 9.28%!
The biggest DOW percent decline in history occurred on Black Monday (October 19, 1987) with the DOW fell 508 points to 1738.74 for a decline of 22.61%!
click charts for full size images
DJIA Intraday Chart
The biggest DOW percent decline in history occurred on Black Monday (October 19, 1987) with the DOW fell 508 points to 1738.74 for a decline of 22.61%!
DOW YTD Chart
DJIA Intraday Chart
Dow Jones Industrial Average
May 6 Closing Value: 10,520.32
Change: Down 347.80 points or 3.20%
Previous Close: 10,868.12
May 6 Opening Value: 10,862.22
May 6 Range: 9,869.62 - 10,879.76 or 1,010.14 points
52 week Range: 8,057.57 - 11,309.00
There is a lot of finger pointing in the news about who to blame for this decline but a picture of the DOW year-to-date shows the market found a bid at its February closing low.
Biggest Dow Point Drops in History
Below are the biggest closing point drops in the history of the Dow Jones Industrial Average.
| Date | Close | Points / % |
| 9/29/2008 | 10365.45 | -777.68 / -6.98% |
| 10/15/2008 | 8577.91 | -733.08 / -7.87% |
| 9/17/2001 | 8920.70 | -684.81 / -7.13% |
| 12/1/2008 | 8149.09 | -679.95 / -7.70% |
| 10/9/2008 | 8579.19 | -678.91 / -7.33% |
Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 159% (a double plus another 59%!!) vs. the S&P500 UP a tiny 8.6% vs. NASDAQ UP a tiny 3.5% (All through 12/31/09 )
In 2009, "Kirk's Newsletter Explore Portfolio" gained 33.5% vs. the DJIA up 18.8%
In 2009, "Kirk's Newsletter Explore Portfolio" gained 33.5% vs. the DJIA up 18.8%
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