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From the Dept. of Self-fulfilling prophecies

November 4, 2008 · 1 Comment

Gotta love this AP headline and lede:

Stocks surge as investors anticipate yearend rally

NEW YORK (AP) — Investors believing that Wall Street is on the verge of a yearend rally piled into the market Tuesday, brushing off more weak economic data while they scarfed up stocks and propelled the Dow Jones industrials up 300 points to its highest close in four weeks.

Categories: folly

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