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Politics : Stop the War!

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To: Just_Observing who wrote (2518)	3/24/2003 4:49:35 PM
From: Just_Observing	Read Replies (2) of 21614

Dow Closes Down 307 on Fears of Long War 28 minutes ago Add Business - AP to My Yahoo! By HOPE YEN, AP Business Writer NEW YORK - War euphoria wore off on Wall Street Monday as investors realized that Operation Iraqi Freedom might not be so quick after all. The Dow Jones industrials gave back more than 300 points after its best week in two decades. With allied forces encountering resistance from Iraqi troops over the weekend, many investors chose to cash in profits following a stunning eight-day rally by the Dow and Standard & Poor's 500 index. "Going into the weekend, investors had this anticipation that there was a good chance that Saddam (Hussein) was killed and war might be ended," said Doug Sandler, chief equity strategist at Wachovia Securities. "The reality was that war is never clear and it's always worse than people expect." more at story.news.yahoo.com

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