{"id":39764,"date":"2003-11-29T19:58:25","date_gmt":"2003-11-29T19:58:25","guid":{"rendered":"https:\/\/www.tennis.ireneeng.com\/?p=39764"},"modified":"2014-12-20T20:14:54","modified_gmt":"2014-12-20T20:14:54","slug":"seles-drop-shot","status":"publish","type":"post","link":"https:\/\/www.tennis.ireneeng.com\/?p=39764","title":{"rendered":"Seles’ drop shot"},"content":{"rendered":"

Chase Manhattan Bank<\/a> CEO Walter Shipley and tennis star Monica Seles<\/a> rang the opening bell to start trading at the New York Stock Exchange on Aug. 31 [1998], the first day of the U.S. Open. The tennis theme produced a drop shot rather than a rally: The Dow rocketed down 512 points, a 6.4 percent decline for the day.<\/p><\/blockquote>\n

On the first day of 1998 US Open, I was watching the morning financial news and spotted\u00a0Monica Seles rung the New York Stock Exchange\u00a0opening bell. It was five year (April 30,\u00a01993<\/a>) after her unfortunate stabbing accident in Hamburg by a Steffi Graf’s fan.<\/p>\n

The motivation of the German man who stabbed her was to make his idol Graf ranked number one again. Seles met Graf in four\u00a0Grand Slam finals and defeated\u00a0Graf three times. I was not privies to the discussions of the Women’s Tennis Association (WTA) and the female players but ultimately Graf gained number one again, in the absence of injured Seles, fulfilling the attacker’s wish. In my\u00a0uninformed mind\u00a0I thought the WTA should have vacant the No One spot till Seles was\u00a0able to compete again.<\/p>\n

I was not a fan of Seles because of her\u00a0style of swing and ah-yi grunting. But sicken by\u00a0this\u00a0ordeal,\u00a0I began\u00a0rooting for her. Unfortunately for the injury, more physiological\u00a0than physical, she would only win one more slam,\u00a0her 9th grand slam title at Melbourne in 1996. It would be her last. [She won Australia in 1996;\u00a0last match in\u00a02003; retired in 2008.]<\/p>\n

Although the bull market from 1982 to 2000, saw the most spectacular rise in\u00a0the Dow history. However, that Monday was not her day.\u00a0 By closing, the Dow Jones Industrial Average DJI dropped 512 points<\/a>, wiped out the entire year’s gain.<\/p>\n

______________<\/span><\/p>\n

file\u00a019338 page<\/span>
\nGiving Seles her Due<\/a>, 2013.04.29
\nMonica Seles: A bubbling career pierced with a knife<\/a>, 2008.02.15
\nCNN Money, Dow plunges 512 points<\/a>, 1998.08.31
\nNYT on\u00a0Seles losing her #1<\/a>, 1993.05.30
\nWiki\u00a0the stabbing<\/a>, 1993.04.30
\n1990 French Open 1st set videos<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chase Manhattan Bank CEO Walter Shipley and tennis star Monica Seles rang the opening bell to start trading at the New York Stock Exchange on Aug. 31 [1998], the first day of the U.S. Open. The tennis theme produced a drop shot rather than a rally: The Dow rocketed down 512 points, a 6.4 percent […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-39764","post","type-post","status-publish","format-standard","hentry","category-tennis-2"],"_links":{"self":[{"href":"https:\/\/www.tennis.ireneeng.com\/index.php?rest_route=\/wp\/v2\/posts\/39764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tennis.ireneeng.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tennis.ireneeng.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tennis.ireneeng.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tennis.ireneeng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39764"}],"version-history":[{"count":0,"href":"https:\/\/www.tennis.ireneeng.com\/index.php?rest_route=\/wp\/v2\/posts\/39764\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.tennis.ireneeng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tennis.ireneeng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tennis.ireneeng.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}