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To: Tom Veale who wrote (18521)10/19/2007 5:12:05 PM
From: The OxRead Replies (1) of 18530
 
Hi Tom,
I noticed a lot of the stocks that I follow closely were down but didn't have much volume behind them. At least not the kind of volume I'd expect to see with this broad based drop. Like you pointed out, there didn't seem to be any place to run and hide. The drops were coming from all sectors that I was watching.

The lack of a closing rally was disappointing but I suspect we would have seen more of one if the volume had been there. Almost like the trading was from small fries and not the big institutions or mutual funds. (pure speculation on my part!)

I'm sure the weekend recap shows will have plenty of doom and gloom to add to today's negative close.

Should be very interesting early next week!

Good luck!

TO
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