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To: SunSunM who wrote (78072)3/9/2001 3:41:54 PM
From: pater tenebrarum  Respond to of 436258
 
not at all actually. the situation in Oct. '87 was the reverse of today's: the weakest index just prior to the BK was the utilities average, the NAZ was the strongest, and collapsed by over 50% in just 10 trading days. also, bond yields were trending higher all through '87, not lower like now.

inflation scare vs. deflation scare essentially.