the paradox of capitulation, page-4

People have different tolerance levels. Those experienced and been through a market crash scenario before know that markets make back a good % of losses wihin the first month after the bottom and markets will recover and rise again-purely a cycle driven by emotion.
"it is always darkest before the dawn"...Selling out near the bottom of a cycle is effectivey giving your money to someone smarter who is waiting buying bargains of a lifeitme..