Bad Start for the Third Quarter

Thursday, July 1, 2010, 7:29 AM
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Quite often, the start of a quarter is a strong moment for stocks, presumably due to all of the pension and 401k money that flows in as a function of the calendar date.

This one seems to be starting out very weak, which seems just a bit more ominous.  With all the recent weakness, you might think we'd be due for a bounce here.

Not so much.


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