whats the opposite of irrational exuberance, page-5

guys just because the fundamentals seem o.k. does not mean the market will bounce significantly anytime soon.

you must remember it is not normal for even bull markets to go years without having a correction of at least 10%.

we are only now approaching a 10% correction. it could be 15% or 20% easily, even without any change in the fundamentals, that is how markets work sometimes so at least prepare yourself for the possibility.

if you think a 10% correction in a massive bull market should be described as panic selling or the opposite to irrational exuberence then the markets may have many more surprises in store for you. sounds to me like this attitude is from someone who has only been around for about 3 years i.e. the recent bull market.