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To: vip who wrote (12304)10/27/1997 5:07:00 PM
From: Sonny McWilliams  Respond to of 27012
 
Vip, the fact that our bond market was up, tells you the story. I have said for days that there should be no reason for our stock market to get hit like this. Locking in profits is the name of the game with the fund managers. The big boys are doing the damage. The little investors had been holding pretty good but I imagine got caught up in the selling today.

Unfortunately for us little guys all that intl. stuff is getting pretty murky. Once again we are squeezed in the middle. It might be still hairy in the overseas markets after our drop today. Like I said yesterday it is a vicious cycle. The bear twins M.Metz and G.Dudack look prety good at this point. I figured it had to happen one of these days but not when our economy looks that good. Hopefully things turn around soon.

Sonny