Below The Beltway

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Thank You Captain Obvious

by Doug Mataconis @ 5:12 pm on July 14, 2006.

One stock market analyst speculates on the reason that the Dow has dropped 400 points in three days:

“I think the selling we’ve seen since Wednesday is mostly in response to the Mideast situation,” said Ron Kiddoo, chief investment officer at Cozad Asset Management.

Duh

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