The Dow is down about 100 points this morning, thanks in part to Fed Chairman Ben Bernanke's inflation worries and Bed, Bath & Beyond issuing its first-ever profit warning as a public company (never mind that both concerns contradict each other). In this current bullish climate, sour trading starts have tended to turn around by the closing bell, so we'll see.
*The Dow finishes down 81 points. A bunch of local issues fell around 1 percent for the day. Not horrible.

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   Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.
Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.