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To: critical_pants who wrote (95158)3/14/2001 1:58:56 PM
From: opalapril  Read Replies (1) | Respond to of 152472
 
From today's SI Reuters news:

"The reason the Dow is under pressure is there is a fear that companies that have been immune to the Nasdaq fallout are now going to be subject to the selling pressure," said Edward Riley, chief investment strategist at State Street Global Advisors. "A lot of portfolio managers want to exit before the carnage spreads into
those other stocks."

So, let me get this right. Portfolio managers "want to exit" while the market waits for individual investors to capitulate?