Tom, this is not falling due to fundementals; we are experiencing a phenomena never witnessed before in the history of the stock market. A paradigm shift is taking place and alot of people do not look to the stock market as a means of achieving the American Dream anymore. In other words, people are spooked and extremely risk adverse right now. I guarantee you that I am buying as much as I can because when the economy turns....
“At this stage in the economic cycle, $10 to $20 billion would normally be flowing into domestic equity funds” rather than the billions that are flowing out, said Brian K. Reid, chief economist of the investment institute. He added, “This is very unusual.”