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To: adcpres who wrote (33442)	10/18/2000 12:14:52 PM
From: rocklobster	Read Replies (1) \| Respond to of 42787

I think the retail investor is getting smarter and with all the press about capitulation they are not going to get suckered out of their shares at the bottom..I talked to my parents about there 401k..they are the epitome of joe average investor and they aren't selling anything..and they just keep adding more money to their investment account..they will keep dollar cost averaging into the market...they are going to need to retire in ten years or so and if they don't keep putting money in the market then it will just get spent.... I'm not expecting the kind of capitulation that you refer too... rok

To: adcpres who wrote (33442)	10/18/2000 12:17:22 PM
From: Paul Shread	Respond to of 42787

Here's my guess: the Plunge Protection Team was at work. If that SUNW posting was an accident, I'll eat my computer. Beware Rumors In October: the Oct. 8, 1998 bottom occurred when AG et al floated intrameeting rate cut rumors. The Nasdaq's April bottom coincided with rumors of the Fed propping up the index futures (never did hear a reason why the S&P futures went from -18 to even around 6 a.m. that Monday). Mr. Greenspan knows the importance of support levels. Probably not a good thing ultimately, as it encourages people to take risks they can't otherwise afford to take if they think AG is watching over them.