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To: Joe Smith who wrote (51256)5/3/2001 12:01:57 PM
From: Mark Konrad  Read Replies (1) | Respond to of 57584
 
Thank you, Joe. I have already taken partial profits and am positioning for what I believe will be another leg up soon. This market was hit with 3 pieces of bad news before the open and the effect on techs has been stunningly less than catastrophic. Last year the market (as reflected by the QQQ's) rallied about 50% from mid-May through July...so a strong relief rally without accompanying fundamental good news is not out of the question or unprecedented--MK--