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  1. Early sell off gets bought late

    Stocks opened slightly lower on Wednesday but continued to drop sharply into the early afternoon. By 12:30 ET we saw some stabilization and stocks started to catch a bid as the dip buyers did what they have been doing relentlessly. By the close there was some stiff losses, but the indices had come well off the early lows. The Dow lost 112-points or 0.48%.

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