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It was a poor morning for most stocks yesterday, particularly small caps, but there was a reasonable rebound as the day wore on and most of the indices closed well off the early lows, so once again it didn't take the dip buyers long to jump on the most minute opportunity. The Dow lost just over 200-points,while the Nasdaq closed in positive territory, the small caps lagged, and the S&P 500 closed with a modest loss snapping a 7-day winning streak.

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