Chart of the Day The price of crude oil continues to plunge. Today, oil traded down over four dollars per barrel and briefly dipped below the $70 per barrel mark. The Dow surged on the news, trading up 4.6% on the day. Today’s chart provides some perspective on the latest decline with a long-term view of West Texas Intermediate Crude. It is interesting to note that most oil price spikes were a result of Middle East crises and often preceded or coincided with a US recession. So while the current plunge in oil prices is welcome news, it did come at an extremely high price. Notes: - Where's the market headed? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day Plus. Source - Dow Jones Rate today's Chart of the Day Excellent    5    4    3    2    1    No good By voting every day you help us get you the charts you want to see. Quote of the Day "When future historians look back on our way of curing inflation they'll probably compare it to bloodletting in the Middle Ages." - Lee Iacocca Events of the Day October 24, 2008 - United Nations Day - Breeders' Cup Mailing List Info Chart of the Day is FREE to anyone who subscribes. -- To subscribe, enter your email address -- To unsubscribe, simply fill in our unsubscribe form. -- To change your email address, first subscribe with your new email address and then unsubscribe your old email address (as described above). Chart of the Day is provided to subscribers without warranty of any kind and accepts no responsibility for its accuracy or for any consequences of its use.

FAQ | Privacy | Tell a Friend | Sample #1 | Sample #2 | Sample #3 | Chart of the Day Plus
Dogs of the Dow | Top Dog Brokers | Investor Glossary
©1999-2008 Chart of the Day - All rights reserved