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Midnight Minute: Asian market sell off continues

In Asia, equity markets are dropping 3-6% from the continued fear sparked by the credit crisis, a lack of any resolution and the increased pressure from cash strapped institutions liquidating any assets they can.  This downward pressure is probably going to continue in Europe and the US during the Tuesday trading session, despite futures being at the highs of the session now.  Usually bounces like this end by 11am.  Be careful trading!

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