Why isn't anyone scared?

[maxdax]

more greed than fear at the moment...

 

[crgarcia]

This drop has been progressive.

 

[austinp]

<i>"My opinion is that there is no such thing as "investing" nowadays. There is only trading."</i>

In which case, you have no fear. Traders revel in volatility, collapsing markets and chaos. Actually, that goes without saying

 

[Eliot Hosewater]

Someone said CNBC broke out the hardhats. Isn't that fear enough?

 

[MattF]

Quote from crgarcia:

This drop has been progressive.

Indeed...this wasn't the free fall back in February that left people wondering wtf happened when the day was over...

Right now a lot of the early losses this morning have been erased...still an hour and change to go but a relative small loss would almost be a victory today...at least showing that the bulls have some steam in them.

 

[topdown]

The market doesn't scare me. Marsupials do.

 

[MattF]

Quote from Eliot Hosewater:

Someone said CNBC broke out the hardhats. Isn't that fear enough?

throw in the jackhammers and you might have a valid point

 

[Khaled187]

MichaelScott, I was wondering the same thing. Lots of people are too confident that the market will reach 14,000 very soon. They are extremely confident thats its zealous. Maybe this is the kind of thing the market needs. Remember that the word "Correction" is there for a good reason. It corrects such people.

 

[Trvlwanderer]

Quote from topdown:

The market doesn't scare me. Marsupials do.

and Big Rabbits!

 

[o10maximus]

Quote from smilingsynic:

VIX hit a new 52 week high y'day. There is clear proof of fear.

Funny how there is a lot less mention of the VIX by the talking heads since this recent down move.