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Strategies & Market Trends : Rande Is . . . HOME

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To: xihubber who wrote (57217)	10/20/2005 6:53:53 PM
From: Rande Is	Read Replies (4) of 57584

Dow Closes Down 133 on Economic Concerns . . . NEW YORK (AP) -- Wall Street suffered a sharp reversal Thursday, with the Dow Jones industrials dropping 133 points as concerns over corporate profits and economic growth reasserted themselves. Wednesday's rally, which sent the Dow up 128, proved short-lived as Pfizer Inc. withdrew its profit forecasts for 2006 and 2007, increasing investors' worries about the vulnerability of corporate profits. Intel Corp. spurred such jitters earlier this week in lowering its forecast for sales of its computer chips. Getting setup for freefall day, as discussed a week ago.

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