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Technology Stocks : JDS Uniphase (JDSU)
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To: Jacob Snyder who wrote (21503)8/30/2001 9:13:59 PM
From: Timetobuy  Read Replies (1) of 24042
 
500 points on nasdaq in one day? ROFLMAO! That's more than the dow went down in 1987 in one day percentage wise. That would take us to under the 1998 lows and I bet there would be big buy programs come right in at the low nasdaq hit in 1998 preventing a 500 point day on nasdaq again.

What would happen to the dow if that happened? If nasdaq went down that much, it would be msft that led the way, since it's the biggest cap in the index and the dow wouldn't survive either. Probably take the dow back to 7400 again.
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