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and the nasdaq giving up three-quarters of a percent. i realize quotes from a tale of two cities have become cliched but in this stock market we have an epic of belief and epic of incredulity. we had a spring of hardship and now we re facing with a winter of despair. the house of pain! shortfalls, fiscal cliffs, chinese hard landings and european death rattles. each day the best and worst play out. though the overall averages have been in decline for what seems like an eternity, there s enough best of times action we don t want to get completely clocked. money can still be made here by focusing on the market s terrific domestic neighborhoods while skirting the international slums. for example, it s the best of times for the entire sectors like the utilities. oh, man, we have a good one later in the show, for the real estate investment trusts, for the telephone companies and many of the retailers. when the market opened drenched in red today, as it seems to every day ....