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Mar 16, 2008

US market was down on news of Bear Stearns Liquidity Crisis

On Friday US market was down even after getting a good economic data because of the news that New York Fed and J P Morgan chase will provide emergency funding to bear Stearns to stave off liquidity problems arising from the credit crisis. They almost down by 50 percent and also it brought down dow jones by almost 200 points.

Mr.Sameer Trivedi
http://www.avdhootinvestment.com

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