insideyournwa.com

Here’s a story that will make you think. When the Bear Stearns fiasco went down this past weekend, fear struck the investment market. Stocks of financial giants went south as concerns about other possible financial institutions and banks closing shop grew. Lehman Bros in particular was a concern, and their stock dropped 30% in one day. But what do you know, today earnings were released, and it turns out, Lehman Bros wasn’t so bad. As a result, the stock rose 32% since trading began today.

So I ask you, is this volatility or conspiracy? Don’t be fooled by the wealthy playing beer face. There’s money to be made in difficult times. The problem is when traders speak in negatives, the media runs with it. It’s a dangerous game to play, as we found out yesterday morning, when the world economy was teetering on the likelihood that bank runs could ensue for the first time since the Great Depression.

Be careful. Be very careful.