Why Do We Feel So Bad?

It's all a matter of moving averages. When the market tanked back in 2002, the SP500 weekly average corrected back to the 200 week moving average. This time, in a shorter period, when the market fell, instead of "back to," it fell "from" the 200 week average. The fall from was a full 600 points below the 200 week moving average. Heck, we just weren't conditioned to how it would feel. Maybe we'll get used!! Sphere: Related Content