Denial is undergoing a dead cat bounce...
edit: though I accept what spqr is saying.
Denial is undergoing a dead cat bounce...+1
Denial has been around far longer than most of us would have expected.
I think the very good summer we've had this year maybe added to this
but when the short dark(4:30) winter days start to close in we might finally move on to fear.
I remember thinking back in 2006 when the debt fueled psychosis was at it peek that the
six straight weeks of sunshine and best summer on record were adding to the elation.
They say people who suffer from S.A.D. (depression due to lack of sunlight, vitamin D)
should not make life changing decisions during the winter months,
there should be a similar warning when it comes to buying property during the long giddy
days of summer, though it is great for the VIs rounding up the last few suckers.