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Strategies & Market Trends : Waiting for the big Kahuna
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To: Oeconomicus who wrote (19718)6/3/1998 5:28:00 PM
From: Bonnie Bear  Read Replies (1) of 94695
 
The public won't start to panic until they lose their jobs, IMHO. until then it's "buy the dips" as usual. Or buy more real estate with the low interest rates. On the last few market corrections the Russell dipped just a few percent more before the fund managers with spendable cash rushed in. I'm holding mostly high-yield stocks so I may be seeing the flight to yield rather than rotation.
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