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Posted by on Oct 27, 2008 in Economy | 1 comment

The Market Lemming Run

The market is up 257 points. You go out for a coffee, come back and it’s down 400. This isn’t a volatile market. It’s a lemming market. Panic rules…

The Market Lemming Run

Another market day,
Another lemming run,
You don’t know where your going
And who to trust or shun.

Poor badly frightened lemming,
Seeking others for condemning,
Paulson’s hawing and his hemming,
Ain’t these panic losses stemming.

*******

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Copyright 2008 The Moderate Voice
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    The reason the market is so volatile right now is that everyone in the world knows that America’s bacchanalic system is going to undergo significant changes. When you invest, you do research first. And predictability is king. When investors literally cannot predict what will happen next in America, they freak out. They’re so addicted to quick turnover gambling that they buy and sell in a panic.

    It’s like the slot machine still works but you can’t see the icons to tell you if you’re winning or not.

    Also, new trends mean new types of investing. So there’s going to be shifting.

    I don’t think the market is as volatile as it seems. Something tells me that once we have a democratic administration again the world will chill and the markets will stabilize.

    That was my biggest fear of McCain, besides his provocative temper and utter lack of diplomatic (grown up) tone in today’s iffy world climate, was how the world saw him…just like Bush…four more years of hell and cowboyism…the stock markets would be like Mr. Toad’s wild ride.

    With the democratic administration, people will see calm, reason and strength returning to the american reputation. This will have a soothing effect on the markets.

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