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Chart of the Day
Today's chart presents the performance of the Dow for the calendar year following the 15 worst calendar year performances of the Dow since 1896. For example, the worst calendar year performance on record for the Dow occurred in 1931. During the following calendar year (1932), the Dow was down 23%. The second worst calendar year performance for the Dow occurred in 1907. During the following calendar year (1908), the Dow was up 46%. That brings us to the present. The Dow's performance during the 2008 calendar year proved to be the third worst on record. So far in 2009, the Dow is up over 11%. Today's chart illustrates that with the exception of the early 1930s, the Dow has tended to rally following an extremely poor performance during the year prior.

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.

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Quote of the Day
"The most important questions in life are, for the most part, really only problems of probability." - Pierre Simon de La Place

Events of the Day
October 12, 2009 - Columbus Day (observed)

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