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Strategies & Market Trends : Befriend the Trend Trading
SPY 680.44+0.6%4:00 PM EST

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To: J_K who wrote (13613)11/20/2000 8:45:51 AM
From: CatLady  Read Replies (2) of 39683
 
re: monday crash.

Futures started in that direction around 7:20. Is this why? ( found it posted on SI )

08:12 ET Networking Sector Downgrade : Along with lowering JNPR and RBAK to OUTPERFORM, Morgan Stanley reducing its sector rating to NEUTRAL. Firm also lowers price targets on several names: CSCO target goes to $75 (from $90); EXTR to $105 (from $135); RBAK to $115 (from $150); JNPR to $200 (from $275).
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