We tend to trust our eyes and feeling even abstraction makes the chances for human being to leap forward in last two hundreds of years with great experiments, such as world wars, financial crises, and insanity and craziness individually and collectively. What is ahead? Different people use different tools to fathom not just the consequences but fears and euphoria. Since GFC, it seems fear is in its dominant even some would be cheerful out since they feel better. Most of people feel not comfortable. Economical reality and crowd sentiment have formed this or that self-fulfilled loop and worse that no one could see when the loop could be broken out. Should we fathom the fears and euphoria? All of us know the shorters use their gauge to sell the market down and some of these shorters can make profit. *** Don't just say we are investors and we have long-term views. In the slope of GFC crash, no investors were winners too. How many value investors were so native and saw their funds lost more than half in months. Why are people so fearful? In the pains some so called value investors put their heads into the sand. Did they really act as value investors? Warren Buffett is a snowball roller and use the logic onto the earth not in the air. I just simply could not understand why we need to raise issue such as BHP vs RIO from any logic in the current market environment. 1. if China stops growth both of BHP and RIO would be in trouble since they buried too much in the ground with Iron ore. 2. Crash due to crowd sentiment would not just choose BHP and leave RIO alone or vice versa. Who can really be sure BHP would lose less or RIO would win out more in days? If we can do we would not see so many shirt-losing traders or investors. *** I just could not agree that any people say we can fathom the fear and euphoria exactly. Yesterday afternoon I just could not focus on to listen ABC news. I could not give any reasons. However I also could not agree the words such as it is impossible to get roughly right about the lowest or highest points. Some time we do but we just no gut to act some time we cannot but we do take the risk and trapped there. Fathoming is a type of data collection, which is necessary to get intelligent judgment after carefully collecting a lot of other data through other facilities. Don't know if tropo remember the words he post: you must be disciplined, analytical, and self-reliant, but I do try all to know it onto the earth. If you think these words right how could you be so?