http://blogs.wsj.com/financial-adviser/2010/01/25/the-next-month-should-be-great/
This past weekend I spoke with several panicky traders. All of them were
worried that today, Monday, was going to be “Black Monday.” Whenever the
market falls this sharply, by definition it’s because people are panicking.
Everyone has primal memories of the world falling apart. In October 2008.
In early 2009. After 9/11. After the dot-com bust in April 2000. And so on.
Nobody wants to be in the middle of it when it