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Strategies & Market Trends : Guidance and Visibility
AAPL 277.96-0.3%Dec 8 3:59 PM EST

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To: Teri Garner who wrote (16748)9/17/2001 9:08:59 PM
From: DebtBomb  Read Replies (1) of 208838
 
Stocks Plunge, Dow Posts Record Point Drop
``The market hates uncertainty and to have this happen is a shock wave,''
said Larry Wachtel, market analyst at Prudential Securities, who returned
to his offices in Manhattan's financial district amid acrid smoke from the
smoldering ruins of the World Trade Center. ``This is something new to
the American public and could contribute to a recession.''
``Another couple of days of heavy pressure would not surprise me, but I don't think we are going to see any more down 5
percent days,'' said Henry Herrmann, chief investment officer at fund firm Waddell & Reed, which manages $32 billion in
assets.
biz.yahoo.com
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