The stock market is dangerous

If you were like many Americans this summer who just bought a foreclosed house because they were so cheap, you can now look back and say that your timing was a little bit off because Mortgage rates are much lower and the government just took over Fannie Mae and Freddie Mac.



If you think that Washington Mutual will not fail, even after the CEO is thrown out, then you haven't seen stock price of the latest bank failure on the FDIC failed bank list.
Silver State Bancorp

Washington Mutual

If you think that these markets aren't manipulated by rumors, then you probably weren't trading UAUA today.

If you think think that the stock exchanges that handle your trades are fair and orderly and won't fail if there is a major disaster or market crash, then you weren't trading on the London Stock exchange today.