Double killing for foreigners, double whammy for speculators
The little guy is still highly cautious. Small investors are sitting anxiously on their cash until it becomes clearer that Wall Street's buying panic is more than just a flash. But this has done nothing to stem the three-week-old rally as foreign investors continue to join large U.S. institutions in leaping on the bull.
Last week the surge continued. The Dow Jones industrials rose 24 points on the first three trading days, then dropped 10 points on fears of tight money, but made up all that loss on Friday. The Dow closed...
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