20081103 MCI Biweekly Update

Between October 20, 2008 to October 31, 2008, the MCI index slumped from 4948.5 to 4421.3, down by 527.2 points. During this period, the MCI index declined to a new historical low point. The previous low was 4553.8, which occurred during May 5, 2003. But on Oct 24, 2008, the MCI index broke past this point, falling to a new low of 4104.4 the following day.