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To: damniseedemons who wrote (2226)10/28/1997 1:55:00 AM
From: chirodoc  Read Replies (1) | Respond to of 27307
 
<<<<<<The "flight to quality" seems fake to me.

...in '87 the flight to qualityafter a much bigger stock drop was a long bond at more than 10%
.....today it is at 6+% ......not a great place to hide when stocks can return 10-15% long term.

........shorts are smart for now, but they have looked pretty foolish for the last 5 years.

........i think that buying opportunities are presenting themselves as we speak..just wait till you see more stocks bottoming and turning up and then look to stocks with big growth potential.

......i agree the u.s. stock market still looks damn good compared to everything else...hell i'm up over 30% this year..so i love 10-15%....still better than if i had been in bonds

..no time to panic