The Low Lowdown on Bush and Markets

In times of economic crisis, American presidents have a long history of taking to the airwaves to reassure investors and try to calm the financial markets.

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President Bush has done this nine times in the last month as the U.S. economy has continued its slide.

Of the nine times Bush made a statement, the market went up only twice. Six times the market responded by closing down. He spoke once on a Saturday when markets were closed.

Here are the market results on the days the president released a statement.

Oct. 7 Dow DOWN 408 (9,447)

Oct. 6 Dow DOWN 370 (9,955)

Oct. 3 Dow DOWN 107 (10,325)

Oct. 1 Dow DOWN 19 (10,831)

Sept. 30 Dow UP 485 (10,850)

Sept. 29 Dow DOWN 777 (10,365)

Sept. 24 Dow DOWN 29 (10,825)

Sept. 20 Weekend-- Markets Closed

Sept. 19 Dow UP 368 (11,019)