Why isn't anyone scared?

more greed than fear at the moment...

 

This drop has been progressive.

 

<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

 

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

 

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.

 

The market doesn't scare me. Marsupials do.

 

throw in the jackhammers and you might have a valid point

 

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.

 

and Big Rabbits!

 

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