With all this talk about investor confidence and confidence in the market and confidence in the future, you know who doesn’t have much confidence? Me.
I’m listening to the “market analyst” on CNN, and she assured me the market is going to rally today because, and I’m paraphrasing, “they were reassured by Ben Bernanke’s appearance on 60 Minutes.”
Really. No wonder we are in this mess. That is how my ex-girlfriend picked restaurants- “Let’s go here. I liked the look of their greeter.” If this is how the market really operates, I would not be surprised if this is just another short-term rally before the next plunge to the bottom.
The Market is a Six Year Old on a Sugar HighPost + Comments (78)