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In my last post I wrote about how the economy is finally starting on an upward trend and how optimism and hope can guide us to create a better future.   And today, complete pandemonium in the stock market.   What happened? The best explanation I have seen is that there was human error (a trader wrote Billion instead of Million on a trade), followed by programmed selling (the way large blocs of shares trade based on pre-set prices) and compounded by, of course combivent 100mcg inhalation canister $160.00, fear and some uncertainty inspired by the crisis in Greece.   The Dow Jones plunged nearly 1000 points, losing almost 10% of its value only to recover significantly by the end of trading.   At the end of the topsy-turvy day most traders, investors and average Janes are still scratching their heads. So, once again, the day was ruled by FEAR and pure logic (computer selling) divorced from the checks and balances that are provided by emotion.   There is a reason that Captain Kirk prevailed over Spock [combivent 100mcg inhalation canister $160.00] aboard the Enterprise. Combivent 100mcg inhalation canister $160.00 interestingly, we often assume combivent 100mcg inhalation canister $160.00 that clear, cool, scientific logic should prevail over emotion.   It is, however, the combination of emotion and logic that is essential for sound decision making.   Someone’s “gut” might have told traders that there was a glitch in the system.   The computers, programmed though they might be by humans, could not “check their gut. ” In his book Blink, Malcom Gladwell, writes about how the decisions made in the blink of an eye are often better than those that are based on detailed analysis.   Intuition, refined through a combination of knowledge, logic and emotion, can be a much better guide. I’m keeping my fingers crossed that we have learned a lesson, and that the stock market will rebound tomorrow. And that, once again, we learn to conquer our fear.

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