Greed And Fear - Part 2

http://createwealth8888.blogspot.com/2009/10/fear-and-greed-driving-forces-of-stock.html

Here is DOW Worst 1-day % Declines:

19 Oct 1987, -508, -22.6%
28 Oct 1929, -41, -13.5%
18 Dec 1899, -8, -12.0%
29 Oct 1929, -230, -11.7%
05 Oct 1931, -10, -10.7%
29 Sep 2008, -777, -7.0%

When fear takes over it consumes investors, and everything looks so black and drops so fast. Fear can cause investors to painfully sell, take their losses and stay away from the market.

But, sooner or later, Greed slowly takes over when investors see others making money and want to get back in the game before the opportunities get away.

Greed is even more powerful than Fear in the market, and can cause the self feeding actions, the same investors who have sold earlier may become greedier and buy back even higher.

This self-feeding action of Greed can really push the bull market to the new high.

So are you more greedy now or more fearful? Ask yourself and those around you and let me know