Tuesday, January 22, 2008

It's a bad time -- a really bad time -- to be invested in the stock market. Especially so when you're acting logically and the rest of the world is way off the deep end.

Beat analyst estimates on earnings? I think that's a good sign. The market on the other hand thinks that's such a horrible sign that they've taken off $12 per share already, and the market has been open for 1 minute.

It's a freaking blood bath out there and there's unfortunately no end in sight. When will people start using their brains and stop panicking? Apparently never.

No comments: