When Herb Greenberg Guesses, It's Time to Worry

When the market finds itself bombarded by news that the nation's largest home lender has mercifully been taken over, as well as slightly wilder chatter that airlines will hitch, and absolutely crazy talk is revived on the thinly sourced Microsoft(MSFT Quote)-Yahoo!(YHOO Quote) rumor from the same publication that has touted the deal 100 times, you know times are strange.

Then add in the Federal Reserve getting tongues panting everywhere when it says it will lower interest rates to the sub-floor to keep a chicken in every pot, and you know things are really weird.

But how do you know when we have entered a truly crazy period that may be rife with opportunity but definitely requires a redoubling of caution and plenty of the Business-Press-Maven-proven "source analysis"? When a man named Herb starts speculating. ...