After 2 days of falling stock prices in which my stocks lost about 10% of their value, they're suddenly back up where they were. I don't see any positive news about Lehman. I see further, negative news about WaMu. So what changed?
I mean, I'm glad my stocks are doing well again, but one wants to know WHY.
The problem is that there's no actual logic to the market, or at least very little. It's lemmings running this way yelling "Sell!" followed by lemmings running that way yelling "Buy!"
Theoretically the falling market has caused low-enough prices that bargain-hunters are buying, causing the lemmings to run the other way, but still. Is it just going to fall again on Monday? Or in an hour?
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