This idiot writes that market psychologyhas to be black in that people forget about stocks altogether: http://economy.kansascity.com/?q=node/246 That may have been the case in 1982, 1974, and 1939, but not in 2002. And certainly not today with hedge funds, mutual funds, as well as constant media coverage of the stock market. ALso, the volume is staggering. You expect people to just forget about stocks and walk away? No way. The market is engrained in our conscious, There will be no capitulation this time around, just as there was none in 2002. There will also be no panic bottom.