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Panic is Not a Strategy

Perspectives Content Submission

Mon, 8 Aug 2011

Thursday, August 4 will be a day for the history books. The Dow Jones Industrial Average plunged over 500 points in a single day. Oil fell five bucks, the long bond rallied four points, and even gold—that safe haven—fell sharply. The major averages are now firmly in correction mode with declines of

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