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Dow 14k: Ceiling or Floor?

Stocks may be taking a breather but that does not mean they are done with the race. A new scandal in Spain renewed concerns about Europe, and fears about possible budget cuts in Washington pushed stocks down. But it was not a surprise to Lazard Capital Markets' Art Hogan: "The problem is when we get anywhere too fast there's- everyone- almost everyone in the market place is looking for a reason to pull back and I think we are getting part of that today."
 
 
 

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