It's Monday morning, where are we?

[Dawg52]

Quote:

Originally Posted by Texarkandy 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.

[haha]

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

[Notmuchlonger]

Quote:

Originally Posted by Notmuchlonger 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!