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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (340419)8/9/2007 4:57:48 PM
From: NucTrader  Read Replies (1) of 436258
 
it was all in the dow? wtf?
They were interviewing Ross on CNBC this afternoon. He said the big DOW stocks were a source of liquidity right now and the funds were selling them to raise cash - "deleverage" themselves so to speak. Least ways, that was his opinion...
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