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RESEARCH & ANALYSIS – WEEKLY E-NEWSLETTER

 

4 important thoughts for a big market down day

September 15, 2008
Unless you are one of the lucky few who is cruising the Caribbean, without power, or otherwise disconnected from the world today – you have no doubt heard of the financial hurricane surrounding Lehman Bros, Merrill Lynch, and AIG today, and resulting market activity: Dow down -504 pts (-4.42%), Nasdaq down 81 points (-3.60%), S&P down 59 points (-4.71%) while 30 year bonds rallied over 4 basis points.

By Jeff Malec

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