To answer you question; No. They are guided by two base emotions; Greed and Fear.
Let's see...The market slips, so what do you do? Why panic, dump everything, then get in front of the camera and scare the shit out of the rest of the country so that everyone else panics and hoards their money as well. Making the market fall some more. Gotta love it. Sometimes I wonder if the economy would actually improve if we forced the market to close for a week or two?
If Wall Street hasn't figured out that they are often their own enemy (and ours) by now---they never will.
Regards,
Dave
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
Last edited by BlueStreak; 06-05-2010 at 05:28 PM.
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