bbjansen,
You are not alone. This is why Bitcoin is in for an epic crash. There is no confidence in the market nor an acceptable medium for exchange. Prices will be wildly volatile as people will try to cash out while others try to cling on that BTC is only in for a minor correction (ie. buying opportunity).
Once they realize the inherent problems with the system are still broken, they will sell. Luckily for you, you're only a week in. Walk away now or trade the volatility if you feel like gambling. Someone will be holding the bag at the end of all of this, the goal is to make yourself not that guy.
I agree but I don't think trading Bitcoins is the same as gambling. With gambling you have zero, nada control over the outcome. When I was studying the Bitcoin trade and exchange patterns and looked at the past 60 days of trading I see a lot of patterns that occur in the normal stock market and exchanges for silver, gold, and money too. The Bitcoin is defiantly not any different to any other exchange market.
The problem is trust. Nobody can trust the Bitcoin at the moment because it's still very young and has no stability what so ever. This is normal with any new currency although most new currencies get supported by their governments/country while the Bitcoin started from pure scratch and is now supported by a few ten thousands of people and no central organization aka a government or bank. You need to build up the trust and this has to be done by the Bitcoin community. At the moment it's epically failing *cough* Mt. Gox.