black monday

For those who have not sold TZ yet like me its a matter of selling now or holding. For selling its too late. mm55 sold TZ and I have to admit in hindsight he was right. This black monday is different to the ones I witnessed before (as usual). In 1987 it went down 20% in one day. The end of the Internet hype in 2000 brought values down to less than 10% of their original prices. This one is down 30% plus in a couple of months for the whole market and 90% down for most of the financials. There will be bargains. but not in financials or cyclicals. The real bargains this time will be in High Tech, whether its TZ or something else.
Klaas