Friday, August 3, 2007

Float of U.S. shares shrank at record pace in July -TrimTabs

(Reuters) - "The lemmings who are panicking and selling are doing
exactly the opposite of what corporate America is doing," wrote
Charles Biderman, chief executive of TrimTabs. "Over the longer
term, the stock market's direction will be set by the
fundamentals of liquidity, not the panic that gripped the
market during the past two weeks."




Read more at Reuters.com Bonds News

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