[quote=flu]
Sounds like you’re talking about the stock market these days….It’s funny when I bring up the stock markets, all my peers kinda rolls their eyes and don’t want to talk about it. Heh heh… I guess it doesn’t help when I ask folks “Hey, what are you doing these days with your 101k or pensions or GM bonds doing”…I’m finding it increasingly difficult to find folks that want to discuss about equities market.
[/quote]

Actually, it still depends on the audience. Some of the stock boards that I go to, still have lots of people who are excited about the stocks (myself included), and there’re also people saying that this is an indication that the market has not bottomed yet.
I think what people didn’t realize when using contrarian indicator is that it only applies in gross term. You will never find a time in history when 100% of the people are risk-reverse against stock or real estate or any other investment type, but you don’t need 100% extreme contrarian indicator to reach a bottom.
Here in Temecula valley, I find it increasingly hard for people to admit that they are “investing” in the real estate (myself included). People will say that they like the house and they are staying for the long-run. Rental property investment in the valley no longer can be equate to the pride that people had a few years ago. I have a co-worker who bought a house in TV 2 years ago, he was so excited and proud about his investment and his money finally “working” for him. Today, his house is foreclosed and he returns to be a renter but now he boasts of the convenience of renting a nice wonderful house.