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Mascoutah, Illinois | Mike, will we be down 500 points in the DOW on Friday? The dollar has to rally along with treasuries as the "flight to safety" trade will be a priority on Friday. If we do not see a bounce in the markets by the close on Friday and we go out on the lows, Monday could be extremely scary as everyone gets a couple of extra days to be nervous.
The other kicker which could accelerate this decline is if "Black Friday" sales are bleak. | |
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