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The aggressive but totally unsurprising Fed rate cut came and went this afternoon. The result? Another case of " Buy the rumour, sell the fact." Stocks headed lower, gold lost $25 of its prior robust $30 gain for the day, and the dollar continued at pre-announcement levels (down roughly 0.90 on the index at 84.90). Crude oil, which started the day well into the plus column, ended with a better than $5 gain at $67.75 per barrel.
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