11.   In isolation, the declines in the major U.S. stock averages would not be cause for concern for policy makers.

12.   In the end, however, stock averages are suffering some of their biggest losses in the recent past as investors continue to look for a credible market bottom.

13.   Investors responded to all this on Thursday with a broad sell-off that depressed all major stock averages.

14.   It marked the eighth straight day the benchmark stock average closed at an all-time high.

15.   Major stock averages eked out miniscule gains despite a losing session on Friday for the Nasdaq composite index.

16.   Major stock averages rose Tuesday for the first time in three days, with large-capitalization and transportation issues sharing the spotlight.

17.   Prudential Securities analyst Bryan Piskorowski noted that all the major stock averages finished trading well above their lows for the day, which is generally a positive sign.

18.   Stock averages advanced, led by large-capitalization and transportation issues, which benefited from the bond market rally.

19.   Stock mutual funds posted record inflows last year, even as the major stock averages took a sharp spill.

20.   That sent all the major stock averages plunging until a late buying rally trimmed the losses.