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October 8, 2008

Some Big Movements in Tech

Some big and seductive moves going on, not least of which in tech, which was heavily beaten in the hedge fund GS VIP unwinding for redemptions. Look at this histogram of top-moving names among the larger cap tech stocks:

[Update] So much for that. By the close things had reversed themselves sufficiently such that the number of techs doing wacky things was back to relatively few. What an intraday adventure.

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