Warp Speed

I've had this feeling lately that we (the market) are going to go lower sometime soon. Not a funny ha-ha lower either. History says when the economy gets around this bad equity prices go lower. So why haven't they yet? That question gives me another funny feeling.

Reading this article made me think about the time we live in. This isn't 1929 folks. Panic and fear affect us differently today than it did then. The initial reaction is the same of course, humans didn't emotionally evolve in 80 years. We are the same biological creature, but now in a different setting. Now we communicate with one another more freely than ever before. We disperse our fear and doubt by informing ourselves, telling others about our failures, and listening to others.

In the beginning of 2008 you were asking yourself, "Is it really possible we might be heading into a bear market?" Now you are asking yourself with the same uncertainty, "Is it really possible that we will see the beginning of the next bull market in 2009?"

The answer to the first question might be similar to the second.