I'd like to hear others' thoughts on which is a better market for a true die hard contrarian to enter. 1) the "blood on the streets" view. Buy panic, fear, hysteria, etc... 2) the apathetic, sleeper bottom view. Buying markets at lows not do to fear and volatility, but due to long and slow declines with few people knowing/caring. I've found a lot of examples of this type in Jim Roger's writings. I hope I described and differentiated each well enough. Thanks guys.