11.   Investors had assumed that the West would do whatever was necessary to prop up the Russians, if only to keep nuclear weapons from falling into the wrong hands.

12.   Investors assumed that whatever Diller had in mind would work.

13.   Investors now assume that the Federal Reserve will hike interest rates at its next meeting in early July.

14.   Investors assumed that biotechnology was a world unto itself.

15.   Janice Rudd, a Lehman Brothers Inc. analyst, said investors incorrectly assume the decline in oil prices will reduce profits for oil service companies.

16.   Many investors assume that industrial companies will do poorly as the economy slows.

17.   Many investors assume that there is not much difference among these funds.

18.   Nobody knows for sure how much foreign debt was hedged and in the absence of hard data, investors have assumed the worst.

19.   On the military side, investors are assuming that whoever wins the presidency will increased spending on defense.

20.   That means investors must assume the risk that things may not go as planned, or as quickly as anticipated.