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Old 11-25-2008, 06:56 AM   #21
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Originally Posted by Texarkandy View Post
I think we are past "anxiety" & "denial" and currently somewhere between "fear" & "desperation" on the chart.

We haven't seen a "panic" yet, so there's probably more bad news to come before we hit real "capitulation" and despondency.

If I have to more depressed than I have already been, you might as well go ahead and shoot me.
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Old 11-25-2008, 11:06 AM   #22
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This thread illustrates why it is so hard to make much precise use of ideas like this. Ideas all over the place about where we are on this emotion graph.

IMO, although it can certainly get worse, the extreme and long lasting VIX readings indicate considerable panic. I at least have never before seen this much panic, that was not followed by a very nice rally.

Ha
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Old 11-25-2008, 03:24 PM   #23
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Dont worry. People will sell in to the rally tomorrow
Guess I was wrong. Maybe I should do the opposite of what I think. Ha Eureka!
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