Just some advice since you seem to be new, you'll have to get use to it.
It is always counter intuitive. I would think gold and silver would be rocketing, the dollar crashing, all finanical stocks tanking and bear sterns stock tanking. But that's just it, what ever you expect, just think the opposite and that's what will happen..lol.
Probably a lot of investment fund emergency meetings happening this morning with all the PhD's sitting at the table trying to figure out what they should go buy or sell.
JPM and the Fed are working on a bailout. Great... Bear makes some bad calls, loses their ass, and the government is going to bail them out at the taxpayers expense no doubt. This is exactly what is wrong with this country and our leadership.