As it is, hardly anyone is overly concerned about the declining stock market. There will probably be a day of awakening when it becomes clear we are in a bear market and we are no where near the bottom. At that point fear will be ushered in.
What will constitute a day of awakening? I am thinking it will be a day when there is a huge sell off in the last hour. A day when averages and key stocks are down the limit just prior to the close. This could happen on any given day.
It could be any day that is down 3% or more as long as the decline accelerates in the last hour, especially the last half hour.The Grazin’ is Good, by Curbside Jimmy.
Available at: Curbside Jimmy’s Free mp3 Download Page