A Bad Rap for a Bad Market!


When the market heads south like it did this Tuesday, May 30, negativity and panic start to materialize out of nowhere. I always wonder why fear takes hold so fast. To me big market swings imply too much speculation. Investors should be just fine. If you can tolerate some of my amateurish musing read on.

 

Rap this in the Wall Street Journal

The Market rocks back and forth

'Cause no one knows what anything's worth

Speculators, day traders and stupid people bleed

Running from rumors and data they cannot read

Knee jerk reactions by second guessers

Monday morning quarterbacks called analysts

Whose track record is one of shame

Making lame calls that bring them fame

So they blabber on with worthless information

And draw their paychecks ignoring the pain

Of traders that chase the latest for no gain

While Mr. Buffett continues to build piles of cash so high

That he can pick up bargains while others cry

This game is for the patient and smart, not for all

With so many options to put or call

But few choices for investments that make sense

Unless you're patient and wait for your chance

To sneak in when no one's looking and most are selling

So that in the long run you will be telling

How you made your fortune over time, in your own way

And did not panic on a down day

So remember what Cramer said, Not Jerry's friend

But the Market Guru, and brilliant dome head

There's always a bull market in something somewhere

So when stocks go down smile wide

And pick up the bargains at 'low tide'

You can find the deal of the century

While spending most of your time with family

If it matters to you what the market did today

Then you are doing something wrong I say

Take a deep breath or a long nap

Forget all about this daily market crap

And if you can't stay calm when the market goes down

Then invest in the index funds which are always sound -- and stop worrying!


by ... S-Master-Nothing (Sheldon Liber(C))

 

(Richard F. hurry up with the music!)

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 09:26 PM

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