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8,300 DOW?

Written by Mickey_Mixon, September 24th, 2008

New York Post: Market Was Only 500 Trades from “Armageddon”

The market was 500 trades away from Armageddon on Thursday, traders inside two large custodial banks tell The Post. Had the Treasury and Fed not quickly stepped into the fray that morning with a quick $105 billion injection of liquidity, the Dow could have collapsed to the 8,300-level!

Mick Says: Holy Crap Batman! http://mccain-palinblog.com

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