In February, everyone seemed very scared of the sudden drop which seems natural. Some folks even erected blogs dedicated to walking people through the drop and recovery. I remember reading www.traderfeed.blogspot.com where Brett passionately defended the market. Now the indexes are dropping once again and there seems to be no fear in the air...as if this drop is no big deal. From what I am looking at, the current drop might result in a panic or crash. It might even result in a serious disturbance to the overall uptrend where the SPX will retreat to 1130. Where is the passionate defenses of the market? It was the fear last time that made the market stabilize. Now that everyone is more confident and fears not then I am certain the indexes will grind to new surprising lows the like that no one will truly suspect or believe.