And now for a little accumulation doggerel.
‘Twas the week before Christmas and all through the market
not a bull was stirring, not even a steer.
The Fed, “We’ll ease – later”; the spin, “They blew it”.
Then followed Merrill’s call for panic and fear.
Yes, the week before Christmas - the Power and the Glory.
But for ‘ole Merrill, time to restock the inventory.
With a record short position for Big Money,
And plenty of bears all fat with honey.
First engorge the bears (they’re so easy to bait.)
Hold down the index - accumulate, accumulate.
Fear and panic, moaning and dying,
When all were selling, Merrill was buying.
And when these rodents have stuffed their lairs,
They reverse the spin and slaughter the bears.
But if they’re accumulating now, then the path is clear.
Bears be wary, and bulls - persevere.
,___,
(°v°)
( ^ )
¯¯¯"¯"¯¯¯
the lurqer
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