The Black Box

[ljk]

We are sinking. One thing that wasn't mentioned, Wahz, is that there is year-end tax selling. We have not only repositioning but also people want to take losses to balance their gains and that accellerates the rate that the stocks are falling. And, people are afraid because they are losing all their profits, so they are taking the profits that are left for fear of losing the whole thing again.

Big mess. If we'd caught Bin Laden rather than Saddam we might have had a genuine rally.

Linda