It occurred to me that as people become more panicked, they are probably more likely to read ZeroHedge, since it is everyone’s one-stop shop for bearish and contrarian news. Knowing this, we can probably get a good idea of pessimism in the general market by looking at their pageviews over time. From the graph below we can see that their pageviews are in a clear downtrend starting towards the end of September.
Source: Alexa Web Info