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Re: Ace Hanlon post# 160060

Saturday, 10/11/2003 12:29:20 AM

Saturday, October 11, 2003 12:29:20 AM

Post# of 704041
A lot of BS. The stock market was in a strong correction mode for 2 months PRIOR to the 1987 crash and interest rates were surging. The current situation is VERY different to put it mildly.<<<<<<


there have been several comparisons to 1987 over the last 3-5 months,

it's a real laffer, in 1987 the market had been in an uptrend for 5 years straight, people were real bulled up.

right now we've come off the worst bear market since 1974 (or 1929 when you consider the nasdaq), when people are bringing up these comparisons you should take these as buying opportunities, because the sentiment is too bearish.




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