Bail me out

When the stock market plummeted after the bailout plan was approved, Dr. Specialist said it was a "buy the rumor, sell the news" behavior. Is he still sure that was the case? Would he say that the investors are still selling the news? After all, the market is still going down! In fact, the Fed, maybe because it disagreed with Dr. Spec, decided to lower the interest rates, exactly because of that. Does the Fed still think that the bailout did any good to the economy? Did the bailout fix the economy, Dr.?

Now Dr. Spec is saying that the market is behaving irrationally. Fine, is that why you got it wrong in the first place? You thought that you could model human being's behavior with sophisticated computer programs. Basically your team thought they would be able to Google "how many more junk mortgages will I be able to sell" and get an accurate response! In the end, maybe human behavior is not part of your expertise...