It seems as though we may not get a bounce and that the markets may, in fact, just crash and burn. The psychology may be that instead of waiting for a bounce, the big money chose to just sell (Panic) before others.
Most people were not expecting a crash so crash may well be what we get.
My guess is that most investors are, like dear in the headlights, frozen mentally while they watch their "investments" go down the toilet.
This is a beautiful process if you think about it. When the crowd gets it wrong they really get it wrong and there is a lot of money to be made from this.
-stealth
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