Chart of the Day For some perspective on the current stock market correction, today's chart presents the bear market trend of the Dow (October 2007 to present). Today's chart illustrates that, since peaking in October 2007, the Dow initially traded within the confines of a relatively moderate, downward sloping trend channel (dashed green and dashed red lines). However, as the financial markets began to freeze, that downtrend accelerated – dramatically. Currently, the Dow is testing resistance (red line) of its accelerated downtrend but has yet to break through and therefore remains in a downtrend until proven otherwise. 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 "May you live in interesting times." - ancient Chinese curse Events of the Day December 10, 2008 - Nobel Prizes awarded (announced in October) 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.

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