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Old 11-15-2007, 05:03 AM
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Stay Alert! 11/15/07

Hi traders,

I just received some rumor news from HSBC that a clearance firm in the UK is borrowing a ton of money. Apparently the clearance firm has gone bankcrupt due to a customer account.

The Nikkei indexes tanked 100yen+ due to this rumor at the moment during evening session trading.

US traders, make sure to watch the banks closely today as I am not sure what kind of reaction this may cause but will definitely have some kind of impact.

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