This greed-fear cycle is for real, and has drained bank accounts, delayed retirements, and caused many divorces. I'll give you some recent examples:
A New York couple entered a murder-suicide pact after suffering enormous losses. On a Long Island beach, the man shot his wife and their dog, but survived his suicide attempt. One 29 year old man lost most of his $1,000,000 inheritance in just 2 WEEKS day trading.
Investors bought the NASDAQ tracking stock, called QQQ, at $107 and got a little anxious when it dropped to $90, and then $80.
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