Tuesday, August 9, 2011

The World's Greatest Roller Coaster

The roller coaster of emotions that is the stock market never ceases to amaze me.  Take the last 4 hours the market was open yesterday and the first 4 hours of today and you'll see what I mean.  The major indices were sliding by about 6% yesterday afternoon, only to see a 2% gain this morning.  So tell me, has the value of the companies that make-up our indices changed that drastically in 12 hours?

Of course not, it is simply the emotions of our psyche being tracked and reflected in an index.

Of course, the burning question in the real estate world is what should I do?  Well, for starters;

Don't Jump, Yet!





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