A lowered risk tolerance and anxiety about market resilience made for sluggish activity last week. Some have taken a "slow and steady" attitude as the economy pulls itself back up from the recent World Trade Center attacks. But, as a banker put it, "We may be in the first act of a four-part play." Meanwhile, some dealers took the reprieve in stride, saying it was a result of the Jewish holiday and many being out. One market player had advice for those working last Thursday: "It's a good day to clean out your sock drawer."
