blasher - I think I have figured him out. He is a sick old man stuck in the eighties. Sad really. I am feeling bad for being so hard on him. He is so confused he thinks fear rises with price. LOL His sheep really have no excuse though. The peak in optimism that occured several weeks ago is stating to have its usual effect. That peak, as someone said earlier, preceeds the decline by one to several months. See chart and article below. Bad news out today. http://www.bloomberg.com/markets/economic-calendar/