31.   Investors fear that Russian markets in particular are too feeble to withstand another onslaught of such selling.

32.   Investors fear too much strength in the job market will push wages, and then retail prices for goods, higher.

33.   Investors feared the proposals could discourage consumer spending and reduce company profits by raising operating costs, traders said.

34.   Investors had feared that currency and banking crises in Asia would lead financial companies there to sell their emerging market equities and fixed-income securities to cover losses.

35.   Investors also feared shares will be volatile as the U.S. Congress debates whether to approve the settlement, analysts said.

36.   Investors fear more successful lawsuits from smokers and there is concern that this is only the first of many steps by the Food and Drug Administration.

37.   Investors fear Swiss rates could rise if the Federal Reserve counters that with another rate increase.

38.   Investors fear that the economy is growing so fast that the Federal Reserve will be forced to cool it down with higher interest rates.

39.   Investors fear the end of the Internet stock bubble could be around the corner.

40.   Investors fear this could increase the likelihood of U.S. trade sanctions on Colombia.