[anymouse]

Both Enron, Xerox and Worldcom morphed into dot.coms and suffered the consequences of overextending themselves into a speculative market (egged on by CITI Corp and other fast playing brokerages selling "Ponzi schemes" as legitimat business plans.)

Solid companies are suffering colateral damage from the loss of confidence of the average investor, who sees Wall Street infested by crooks in pinstripe suits and doesn't want to be burned worse, so they are staying out of the market.

The market will rebound - the day after Saddam Insane's body is paraded through the streets of Baghdad. I figure that will be sometime in November.

[Moonman62]

The market will rebound - the day after

We get some leadership in Washington that promotes private sector investment, and promotes smaller government.