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October 29, 2010

Wall Street Journal: Todd Morgan Quoted in “Dow Industrials Feel 3M Pressure”

“Dow Industrials Feel 3M Pressure,” by Steven Russolillo, Wall Street Journal.

“There’s an old statement that ‘all great climbers must rest,’ ” said Todd Morgan, senior managing director at Bel Air Investment Advisors. “This market needs to digest the terrific rise it’s had over the last month and a half. This is healthy. Nothing goes straight up forever.”

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