Danielson: The Market Wanted To Go ...
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  Danielson: The Market Wanted To Go Down

Play Danielson: The Market Wanted To Go Down Danielson: The Market Wanted To Go Down

After a couple of days of strength, "the market wanted to go down." So says Loren Danielson, a senior vice president at Ferris Baker Watts. He tells Steve Potisk "when the news this morning wasn't disastrous, but it wasn't spectacular," traders chose to sell. As for oil prices, Danielson says "barring some real tragedy with Gustav," oil prices should "continue to drift lower," as the world economy slows.


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