Dow Jones/Nasdaq

[Jake the Snake]

is racing towards the bottom. They are down around 6% now and I think at the end of the day both of them will be down around 10%. Knowing that US has been in standstill for almost a week, and on the opposite side, that the fed has just had another rate cut, I don't think it should be down more than 3%. Obviously this is people's reaction and quite understandable. Anyone has an opinion on this one?

[Andy Ceponis]

The markets are doing better than estimates. At the open they were inline with global estimates.
No way we will see a 10% drop. There is no reason or possible cause for it at all.
The market will rebound somewhat as people relax. Its to be expected that there would be a sharp drop at the opening.

[Cindy Glass]

I only own stock in one company (the one that I work for ) and it is UP 2%, so I'm not worried.

[Anonymous]

and where I work, its down by around 60%!! In London, just in one day !!!
I am really worried now.
Any words of wisdom?

[Thomas Mcfarrow]

Nokia is up 14%, wow!
Mostly ever other tech stock is down somewhat.
60% in one day, wow! I know the airlines' stock values are plummeting but thats expected. As long as you are in it for the long run, I think you will be ok.
[This message has been edited by Thomas Mcfarrow (edited September 17, 2001).]

[Anonymous]

Oh I am not worried about my shares - because I dont have any !!
I work for this company which went down 59.98% yesterday, and selling 40% down today also !!
WTC disaster will take more lives I fear