I don't think that's the case at all Selma.. have to politely disagree... Blue chip traders will rarely take a flight of safety in troubled times into an even riskier spec sector. The last time we had a true correction (aug2011) the spec sector died for a full 12 months, maybe more. Volume dried up across the speccies board, the only stocks going up were mid-to-large cap stocks in safe sectors which were seen as a flight to safety (NHF had a great year).