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A chilly autumn came early this year in the stock market. July and August were bad enough, but September was dreadful. Even before the terrorist atrocities in the US on September 11, London's Footsie Index was down almost 6 per cent for the month. Then the index plunged to a low point of 4,433.69 on September 21, for a total bear market decline of 36 per cent since the heady heights of almost 7,000 were reached at the end of the last millennium.
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