As the markets gyrated in price, raising concerns of an impending bear market for all kinds of securities, mutual fund investors appeared to take the day's events in stride.

Currencies in the region have plummeted and markets around the world have gyrated in recent weeks as investors worried that the Asian contagion might spread.

Yes, emerging markets still gyrate.

The financial markets last week gyrated on news from Iraq, with early hope fading, and the Dow Jones industrial average ended the week down 71.78 points, to 2,644.80, a five-month low.

This linkage is especially on the minds of Administration officials as the world's markets gyrate wildly, as they have in recent weeks.

Financial markets gyrated wildly yesterday as traders reacted first with hope, then with alarm, to the American-Iraqi talks on the Middle East.

But yesterday, an early rally on the "good" news faded quickly as the market gyrated wildly.

This short term thinking leads to 'action bias', the desire to do something, anything, rather than sit uncomfortably inactive while the markets are gyrating wildly around us.

The market has gyrated wildly in large part because of the China connection.

Now, as the market gyrates daily and wobbles downward, many of those plans are being postponed.