The was one hell of a correction. Dow up 145, Nasdaq up 75.

-- (I'm@pol.ly), January 07, 2000

Answers

The "bubble" must be made of 2 inch thick plastic. It won't burst easily.

It was funny (in a way) to see how excited "finacial analysts" got over the 2 or 3% drop. This doesn't even qualify as a correction. Its just more evidence that when the real thing hits the panic will be breathtaking (unlike Y2K).

Like someone said previously, it hardly warrants attention until it drops at least 10%.

-- Jon Jonson (narnia4@usa.net), January 07, 2000.

I have no money in the market, not even a 401(k), so this is not based on immediate self interest.

Please, please, don't let the market crash......

-- mushroom (mushroom_bs_too_long@yahoo.com), January 07, 2000.

Actually the NASDAQ dropped about 8%.

At the end of the year, NASDAQ was trading at over 150 times earnings. This is double what Japanese stocks were at on the first day of 1990. The Japanese stocks then declined about 65% over the next 2 years.

-- Me (me@me.me), January 07, 2000.

I'm really glad its bouncing back. Nobody ever wants a crash.

I just hope "easy Al" can let this thing down softly.

-- Swampthing (in@the.swamp), January 07, 2000.