DO not expect any let up this week from Wall Street's steep plunges, sharp rebounds and dizzying volatility.
Investors are buckling up for more turbulence as new dramas in Russia, Asia and Latin America buffet markets worldwide.
Weakness among multinational blue-chip stocks, such as Coca-Cola and Citicorp, is bringing home the pain in overseas markets and making investors feel increasingly vulnerable.
Federal Reserve chairman Alan Greenspan on Friday said the United States could not serve as an 'oasis' from problems in other markets.
Third-quarter earnings estimates for Standard & Poor's 500 Index constituent stocks have plunged from 8 per cent to 1 per cent since July - a record drop according to market researcher IBES.
The markets struggled back from Monday's 250-point plunge that came in the frantic last half hour of trading but continued to soar and slide for the rest of the week.
Morgan Stanley Dean Witter analyst Barton Biggs said the markets were close to the 'end of the beginning' of the bear market.
