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Michael Nystrom: The Dow's phony new high
11:57p ET Tuesday, October 3, 2006
Dear Friend of GATA and Gold:
In a new essay market analyst Michael Nystrom elaborates wonderfully on a point made earlier today on ROB-TV by Jeffrey Saut of Raymond James Associates. Nystrom shows how the new high recorded today by the Dow Jones Industrial Average is more than misleading; it is active disinformation. Nystrom's essay is headlined "The Dow's Phony New High" and you can find it at Nystrom's Internet site, BullNotBull.com, here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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