Sunday, March 8, 2009

Stomach flu

If you’ve ever had the stomach flu you know this feeling already. After puking your guts out for hours on end, you don’t feel like eating anything at all. Every time President Obama and his crew speak on the financial crisis and the current hard times another one 'rips from the gut'.

Instead, you need lots of sleep and rest and then only after some time and feeling better, you’ll start by nibbling on some crackers when you think you can hold the food down.

This same analogy is appropriate for what we have in this market.

The market has puked its guts out for months now and is left queasy and uncertain. It is time for the politicians to quit distrubing the market and let it get its need rest. And much like those who’ve just went through the stomach flu, only time and some rest is going to help.

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