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By Jeremy Schiffres, Daily and Sunday Freeman, Kingston, N.Y.

Wednesday, October 22, 2008

Sobering fact of the day

The Associated Press, in describing today's Wall Street sell-off, noted the following:

It was the fifth time since Sept. 29 that the broadest measure of U.S. stocks, the Dow Jones Wilshire 5,000, had lost more than 5 percent in a day. During the prior 25 years, it had only eight days that bad.

Yikes.

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