portfolio insurance

[Tin Mervin Yeung <tinyeung@xxxxxxxxxxxxxx>]

Hi, RT,

I think this is everyone's mind:  buying stocks is a great idea, but is
the crash (in 1987 fashion) likely to re-occur?  We know that portfolio
insurance was nothing more than a massive stop-loss order--it was
insurance in name only.  Portfolio insurance magnified the crash in
1987.

For those of you really understand the equity market, is portfolio
insurance still a significant force in stock market today?  Where to
find such information?

Mervin