I remember that also and I lost alot of $ listening to them waiting for ther big turn around...don't panic....don't sell...What a bunch of bastards. They should of been telling people to buy bear ETF's at least for a hedge. Hell I wasn't even trading ETF's back then, I wish I were. You can bet against the crowd and win once in a while but most of the time you'll get ran over. The odds are against you.