I agree about you saying the events of today, and the social...

I agree about you saying the events of today, and the social mood that lead to the event, is confirmation of where we are in the big picture of the markets. It's very useful information I believe in figuring out where we are heading over the coming years. Although I think most of us have a great dislike of Prechter thanks to his rotten market calls over the years since 1987, he does state it correctly when he says the collective social mood of the herd is turning more negative and is expressed as a bear market, the desire for change, civil unrest, etc. So, discussions about social mood, psychology of markets, etc., can be and should be as relevant to this forum as TA indicators, unless I'm mistaken and we should only be discussing TA.