Knee jerk reaction at the moment is an understatement. Once the new reality sinks in all that money that has hit the sideline will pour back in. 

Same goes for RVX but with RVX you have a much more compressed spring, imo.  Especially given that there should be a lot of cash on the sidelines looking for new opportunities in what is lately being called a recession-proof sector, health care, and the rebound or at least a bottom will be at just about the same time we come out with a string of great news releases a few months out, presumably.

OT
That said I am also scoping other stocks too. Like adding to a huge investment in large cap gold stocks. I have invested about $150K in them right now and it looks like the sector got a good capitulation move this am so I expect to double that investment over the next 6-12 months.  Yeah, I am calling a bottom in the gold stock sector, this AM at 9:54 March 12.  The broader market may take another couple of months to reach capitulation.  I have a couple of copper stocks that are on the high alert radar (FM most notably, TECK maybe).  I will also pluck for large cap financials once we get capitulation in the market.