People are also totally ignoring the reality of the market as a whole today. In the literal sense of "today", Facebook launched on kind of a crappy day. In the

People are also totally ignoring the reality of the market as a whole today. In the literal sense of "today", Facebook launched on kind of a crappy day. In the more expansive sense of "today", nobody's terribly optimistic right now. The US still hasn't pulled itself out of the hole, and current events in Greece and France have everybody wondering what happens next in what is collectively the world's largest economy. Even without the unique features of Facebook's IPO, this isn't a great time to be looking for "pop" in anything.