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Daily Archives: March 6th, 2008

Breaking Support? SPX, Nasdaq, JOYG, BUCY, MRVL, NSM

A slew of negative news put additional pressure on the market today. More problems in the wake of credit concerns revealed themselves in Thornburg Mortgage Inc. (TMA). Further, news about Carlyle Capital Corp Ltd, an European firm that invests in mortgage-backed securities, not meeting margin call requirements spooked investors about mortgage REITs. This exerted more [...]