Small Fry Investors Are Still Smiling BravelyPam Black
For five blood-curdling days, the stock market tanked--culminating in a 72-point drop in the Dow Jones industrial average on Mar. 30 (chart). Even the most nail-hardened traders were beginning to wilt, as inflation concerns sent the 30-year Treasury note to 7.11%. Alan Sunkel is no trader: he's a glassware designer in Kansas City, Mo. But his palms were dry, his disposition serene. "I'm a long-term investor," says Sunkel. "I don't know what the market's going to do tomorrow, and don't think anyone else does, either. I'll ride it, and I'm sure I'll come out O.K. in the end."
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