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Ignoring Intel
13.11.08
A bailout U turn and Intel profits warning.
The US stock market is on an even keel so far pre open as it manages to shrug off reticence from Treasury Secretary Paulson over further bailouts – no that he has discovered buying share stakes, and a profits warning from Intel. Once again though, it may be that so much bad news is in the price of last month’s lows, it will be difficult to break them in the near term.
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