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To: Susan Saline who wrote (22890)4/3/2000 4:12:00 PM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
Sue
black Monday was down something like 20+%

the DOW was up huge today
this is NOT black monday

even for the NASD



To: Susan Saline who wrote (22890)4/3/2000 4:26:00 PM
From: Larry S.  Respond to of 53068
 
can only concur with ron, this is FAR from Black Monday. This is capitulation in a sector that has been over-valued and re-valued in a hurry. Money has flowed from this over-valued sector to the beaten down value sector. A healthy action, albeit very painful to those who are fully invested in techs/nets/bios sector. I think we have seen the worse. Today for sure was made worse by fears and uncertainly about msft.
PS, the market rebounded sharply after black monday in 1987.
larry