1
 Small investors matched their big institutional brethren in anxiety over the weekend, 
5021
antithesis

2
but most seemed to be taking a philosophical approach 
5021
List

3
and said 
4
attribution

4
they were resigned to riding out the latest storm in the stock market.
5002
span

5
 I'm not losing faith in the market, 
5004
span

6
said Boston lawyer Christopher Sullivan 
5
attribution

7
as he watched the market plunge on a big screen in front of a brokerage firm.
5004
circumstance

8
 But he's not so sure about everyone else.
5016
span

9
 I think 
10
attribution

10
on Monday the small (investors) are going to panic and sell, 
5008
span

11
predicted Mr. Sullivan, 
5010
span

12
whose investments include AMR Corp. 's American Airlines unit and several mutual funds. 
11
elaboration-additional-e

13
And I think 
14
attribution

14
institutions are going to come in and buy . . . 
5011
span

15
I'm going to hold on.
5015
span

16
 If I sell now,
17
condition

17
 I'll take a big loss.
5014
span

18
 Some evinced an optimism 
5018
span

19
that had been rewarded 
5019
span

20
when they didn't flee the market in 1987.
19
circumstance

21
 Oh, I bet 
22
attribution

22
it'll be up 50 points on Monday, 
5020
span

23
said Lucy Crump, a 78-year-old retired housewife in Lexington, Ky.
5020
attribution

24
 Mrs. Crump said 
5026
attribution

25
her Ashwood Investment Club's portfolio lost about one-third of its value 
5023
span

26
following the Black Monday crash, 
25
circumstance

27
but no one got discouraged, 
5024
List

28
and we gained that back 
5133
span

29
-- and more.
28
elaboration-additional

30
 At the annual congress of the National Association of Investors Corp. at the Hyatt Regency hotel in Minneapolis, the scene was calm. 
5045
span

31
Some 500 investors 
5031
span

32
representing investor clubs from around the U.S. 
31
elaboration-object-attribute-e

33
were attending 
5032
Same-Unit

34
when the market started to slide Friday.
5033
Temporal-Same-Time

35
 But Robert Showalter, an official of the association, said 
36
attribution

36
no special bulletins or emergency meetings of the investors' clubs are planned.
5034
span

37
 In fact, some of the association's members 
5036
span

38
-- long-term, buy-and-hold investors -- 
37
elaboration-general-specific-e

39
welcomed the drop in prices. 
5037
Same-Unit

40
We hope to take advantage of it, 
5038
span

41
said John Snyder, a member of a Los Angeles investors' club.
40
attribution

42
 He has four stocks in mind 
5041
span

43
to buy 
5043
span

44
if the prices drop to the level 
5042
span

45
he wants.
44
elaboration-object-attribute-e

46
 Not everyone is reacting so calmly, however, 
5047
List

47
and many wonder about the long-term implications of what is widely viewed as the cause of Friday's slide, reluctance by banks 
5046
span

48
to provide financing for a buy-out of UAL Corp., parent of United Airlines.
47
elaboration-object-attribute-e

49
 Marc Perkins, a Tampa, Fla., investment banker, said 
5049
attribution

50
the market drop is one of a tremendous number of signs 
5049
span

51
that the leveraged take-out era is ending.
50
elaboration-object-attribute-e

52
 There's no question 
5050
span

53
that there's a general distaste for leverage among lenders.
52
elaboration-object-attribute-e

54
 Mr. Perkins believes, however, 
5053
attribution

55
that the market could be stabilized 
5053
span

56
if California investor Marvin Davis steps back in to the United bidding with an offer of $275 a share.
55
condition

57
 Sara Albert, a 34-year-old Dallas law student, says 
5057
attribution

58
she's generally skittish about the stock market and the takeover activity 
5057
span

59
that seems to fuel it.
58
elaboration-object-attribute-e

60
 I have this feeling 
5058
span

61
that it's built on sand, 
60
elaboration-object-attribute-e

62
she says, 
5058
attribution

63
that the market rises 
5060
Contrast

64
but there's no foundation to it.
5060
Contrast

65
 She and her husband pulled most of their investments out of the market after the 1987 crash, 
5063
span

66
although she still owns some Texaco stock.
65
concession

67
 Partly because of concern about the economy 
5065
List

68
and partly because she recently quit her job as a legal assistant 
5066
span

69
to go to school, 
68
purpose

70
I think at this point 
71
attribution

71
we want to be a lot more liquid.
5067
span

72
 Others wonder 
73
attribution

73
how many more of these shocks the small investor can stand.
5071
span

74
 We all assumed 
75
attribution

75
October '87 was a one-time shot, 
5072
span

76
said San Francisco attorney David Greenberg.
5072
attribution

77
 We told the little guy 
5134
attribution

78
it could only happen once in a lifetime, 
5134
span

79
come on back.
78
elaboration-general-specific

80
 Now it's happening again.
5076
Contrast

81
 Mr. Greenberg got out just before the 1987 crash 
5078
List

82
and, to his regret, never went back 
5077
span

83
even as the market soared.
82
circumstance

84
 This time he's ready to buy in 
5083
span

85
when the panic wears off. 
84
circumstance

86
Still, he adds: 
87
attribution

87
We can't have this kind of thing happen very often.
5085
span

88
 When the little guy gets frightened, 
5086
Proportion

89
the big guys hurt badly.
5086
Proportion

90
 Merrill Lynch can't survive 
5089
span

91
without the little guy. 
90
contingency

92
 Small investors have tiptoed back into the market 
5096
span

93
following Black Monday, 
92
temporal-after

94
but mostly through mutual funds.
5096
means

95
 Discount brokerage customers have been in the market somewhat but not whole hog 
5098
span

96
like they were two years ago, 
95
comparison

97
says Leslie Quick Jr., chairman of the Quick & Reilly discount brokerage firm.
5098
attribution

98
 Hugo Quackenbush, senior vice president at Charles Scwhab Corp., says 
99
attribution

99
Schwab customers have been neutral to cautious recently about stocks.
5100
span

100
 Individual investors are still angry about program trading, 
5102
span

101
Mr. Quackenbush says.
100
attribution

102
 Avner Arbel, a Cornell University finance professor, says 
5104
attribution

103
government regulators will have to more closely control program trading 
5104
span

104
to win back the confidence of the small investor.
103
purpose

105
 But it's not only the stock market that has some small investors worried.
5116
span

106
 Alan Helfman, general sales manager of a Chrysler dealership in Houston, said 
5109
attribution

107
he and his mother have some joint stock investments, 
108
concession

108
but the overall economy is his chief worry.
5109
span

109
 These high rollers took a big bath today, 
5110
span

110
he said in his showroom, 
5111
span

111
which is within a few miles of the multi-million dollar homes of some of Houston's richest citizens. 
110
elaboration-additional-e

112
And I can tell you 
5112
attribution

113
that a high roller isn't going to come in tomorrow 
5112
List

114
and buy a Chrysler TC by Maserati.
5112
List

115
 And, finally, there were the gloaters.
5126
span

116
 I got out in 1987.
5119
span

117
 Everything, 
116
elaboration-additional

118
said Pascal Antori, an Akron, Ohio, plumbing contractor 
5122
span

119
who was visiting Chicago 
5121
Temporal-Same-Time

120
and stopped by Fidelity Investments' LaSalle Street office. 
5121
Temporal-Same-Time

121
I just stopped by 
5123
span

122
to see 
123
attribution

123
how much I would have lost.
5124
span

124
 Would Mr. Antori ever get back in?
5129
Question-Answer

125
 Are you kidding!
5128
List

126
 When it comes to money: 
127
circumstance

127
Once bitten, 2,000 times shy.
5127
span

5001
span
5006
span

5002
span
5021
List

5003
span



5004
span
5005
span

5005
span
5132
span

5006
span
5095
Contrast

5007
span



5008
span
5009
span

5009
span
5012
Contrast

5010
span
5008
attribution

5011
span
5012
Contrast

5012
multinuc
8
interpretation-s

5013
span



5014
span
15
reason

5015
span
5132
elaboration-additional

5016
span
5005
antithesis

5017
span
5030
List

5018
span
5029
span

5019
span
18
elaboration-object-attribute-e

5020
span
5027
span

5021
multinuc
5001
span

5022
span
5027
explanation-argumentative

5023
span
5026
Contrast

5024
multinuc
5026
Contrast

5025
span



5026
multinuc
5022
span

5027
span
5028
span

5028
span
5018
example

5029
span
5030
List

5030
multinuc
5001
example

5031
span
5032
Same-Unit

5032
multinuc
5033
Temporal-Same-Time

5033
multinuc
5034
concession

5034
span
5035
span

5035
span
5040
span

5036
span
5037
Same-Unit

5037
multinuc
5039
span

5038
span
5044
span

5039
span
5035
elaboration-additional

5040
span
30
summary-n

5041
span
5038
elaboration-general-specific

5042
span
43
condition

5043
span
42
elaboration-object-attribute-e

5044
span
5037
elaboration-additional

5045
span
5030
List

5046
span
5047
List

5047
multinuc
5093
span

5048
span
5051
span

5049
span
5048
span

5050
span
5048
elaboration-additional

5051
span
5054
Contrast

5052
span
5054
Contrast

5053
span
5052
span

5054
multinuc
5094
List

5055
span



5056
span
5062
span

5057
span
5056
span

5058
span
5059
span

5059
span
5131
span

5060
multinuc
5059
analogy

5061
span



5062
span
5064
span

5063
span
5062
evidence

5064
span
5069
span

5065
multinuc
5067
consequence-n

5066
span
5065
List

5067
span
5068
span

5068
span
5064
preference

5069
span
5094
List

5070
span



5071
span
5081
span

5072
span
5073
span

5073
span
5079
span

5074
span



5075
span
5076
Contrast

5076
multinuc
5073
elaboration-additional

5077
span
5078
List

5078
multinuc
5084
Contrast

5079
span
5082
span

5080
span



5081
span
5117
span

5082
span
5091
span

5083
span
5090
Contrast

5084
multinuc
5079
elaboration-additional

5085
span
5087
span

5086
multinuc
5085
explanation-argumentative

5087
span
5090
Contrast

5088
span



5089
span
5082
interpretation-s

5090
multinuc
5084
Contrast

5091
span
5071
example

5092
span



5093
span
5095
Contrast

5094
multinuc
5047
example

5095
multinuc
5118
Topic-Drift

5096
span
5097
span

5097
span
5106
span

5098
span
5099
span

5099
span
5101
List

5100
span
5101
List

5101
multinuc
5103
span

5102
span
5101
explanation-argumentative

5103
span
5097
elaboration-additional

5104
span
5105
span

5105
span
5107
Problem-Solution

5106
span
5107
Problem-Solution

5107
multinuc
5081
elaboration-additional

5108
span
5115
span

5109
span
5108
span

5110
span
5114
span

5111
span
109
attribution

5112
multinuc
5113
span

5113
span
5110
evaluation-s

5114
span
5108
elaboration-additional

5115
span
105
example

5116
span
5118
Topic-Drift

5117
span
5118
Topic-Drift

5118
multinuc



5119
span
5120
span

5120
span
5125
span

5121
multinuc
118
elaboration-object-attribute-e

5122
span
5119
attribution

5123
span
5120
elaboration-additional

5124
span
121
reason

5125
span
5130
span

5126
span
5118
Topic-Drift

5127
span
5128
List

5128
multinuc
5129
Question-Answer

5129
multinuc
5125
elaboration-additional

5130
span
115
example

5131
span
5056
elaboration-additional

5132
span
5017
span

5133
span
5024
List

5134
span
5075
span

