"All through time, people have basically acted and reacted the same way in the market as a result of greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."

-Jess Livermore

Greed, Fear, Ignorance and Hope seem to be themes we have seen in the stock market over the last six months. The dominating component in these four items is always hope whether you are a bull or bear. Hope that the market will move your way and you will make money on your positions. Greed is easy...everyone is greedy and the name of the game is how much dough can I make. How long can I ride this winner and how big are my balls. I am pretty sure when my 76 year old mother in law called me and asked me if she should yank her life savings out of the market in early December of 08 she had fear in her heart. Even the Mrs. was admitting we were in crisis mode and that sent Nordstroms stock plummeting as house wives hunkered down and started going to the likes of Old Navy and economy grocery stores over the favored Whole Foods. Ignorance is what gets me the most. We are coming of the biggest stock market crisis of the decade. Age old financial institutions like Lehman were going out of business overnight. Bear Stearns was bought for $2 and it shook Americans into believing no investment was safe. Most of all our homes that were rising at incredible rates were now pluimmeting in value. For the last several months the stock market has seen incredible gains yet we are at extremely low volumes. Stock have doubled and tripled with nary a down tick. It is time for people to stop being ignorant by getting rid of the greed and showing a little fear while having hope that we can all make money in these markets.