Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dybdahl who wrote (90248)	11/14/2008 2:16:52 PM
From: lifeisgood	Read Replies (1) \| Respond to of 116555

Can you mention some examples of people who are struggling as a result of the crisis? I mean, besides people losing their retirement money? Many in my small community have already been laid off. Many more are afraid they're next. This makes for a great deal of fear, anxiety and uncertainty about what the future holds. Much of the fear comes not from what's happened already but what people imagine might happen next. We all have a tendency to project the present into the future. That is why so many are currently paralyzed in the markets. They fear that the market will not stop going down. That it could go to (pick a horrible number). The time to buy is when fear abounds (like now). The time to sell is when unbridled optimism abounds. best... LIG