Blue collar guy

U.S. Markets In For Another Lashing

"The brighter people know that nobody has a clue about the extent of the damage done by subprime."
Precisely! so what are you worried about? a year ago this time, relatively few people knew there was such a thing. Banks had a lot of money to loan, demand had dried up .......so they decided to feed the monster. The monster is not regurgitating a little and all the financial pundits have to have something to write about, thereby stiring the pot. "Much adieu about nothing" in the words of the immortal bard.

Investor’s Intelligence Survey Shows Highest Bearish Sentiment Since March 2003

So....? 62.6% of the respondents still see the Bull; seems to me to be a sizable differentiation.