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Tuesday, April 24, 2007

Party Like It's 1987!


12 of the 30 Dow stocks were up today. Decliners led advancers on all exchanges. The Russell 2000 was weak, the SOX kept the Nasdaq from being 10 points down. Yet all anyone can talk about is Dow 13000. Leveraged buy-outs are running rampant. I feel like I'm in a time warp, that it's back to 1987.

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