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July 2009
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This week’s important information for investors and traders…

I’m going to pretend for one second that the market is rational…just for a sec. The one outcome that could completely through the market for a tailspin or propel the market to new short term highs is the fate of CIT Group. This Monday, CIT Group will announce if they were able to come up with additional financing to keep its doors operating or if they will file for chapter 11. My understanding is that CIT Group provides short term capital for over 1 million small businesses. […]