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It is on days like this - when limit orders you placed a while back (that looked ridiculous at the time) all of a sudden look as though they might get filled - that you remember how important the battle between fear and greed really is in the minds of investors.
IMAGE For example, with the near-vertical drop in the price of gold in recent minutes, what might have seemed like a bargain price a month or two ago now all of a sudden looks like it might be just a way point to triple-digit prices.
Troubles in southern Europe and the resultant stronger U.S. dollar are certainly making for an interesting day so far in financial markets - it looks like the Dow Jones Industrial Average wants to make it a 200-point down day today.
It is on days like this - when limit orders you placed a while back (that looked ridiculous at the time) all of a sudden look as though they might get filled - that you remember how important the battle between fear and greed really is in the minds of investors.
IMAGE For example, with the near-vertical drop in the price of gold in recent minutes, what might have seemed like a bargain price a month or two ago now all of a sudden looks like it might be just a way point to triple-digit prices.
Troubles in southern Europe and the resultant stronger U.S. dollar are certainly making for an interesting day so far in financial markets - it looks like the Dow Jones Industrial Average wants to make it a 200-point down day today.
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