When the market heads south like it did this Tuesday, May 30, negativity and panic start to materialize out of nowhere. I always wonder why fear takes hold so fast. To me big market swings imply too much speculation. Investors should be just fine. If you can tolerate some of my amateurish musing read on.
Rap this in the Wall Street Journal
The Market rocks back and forth
'Cause no one knows what anything's worth
Speculators, day traders and stupid people bleed
Running from rumors and data they cannot read
Knee jerk reactions by second guessers
Monday morning quarterbacks called analysts
Whose track record is one of shame
Making lame calls that bring them fame
So they blabber on with worthless information
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
Corrections, seasonality and Santa Claus
