CALM Publishing

THE MARKET DROPS.

 

The market drops

Who sold?

Institutions, money managers, funds

That sell high –

As close to highs as they can –

In the anticipation of buying back later

At a cheaper price.

            This creates a prognosis

            For the next 6 months – 3 years

            Beyond that is “anyone’s guess” –

            They say again and again.

            The press circulates these predictions

            A momentum of selling and fear.

            Market goes down

            While managers accumulate cash.

Waiting to pounce

When the capitulation due to “losses” occurs,

Which are only realized when sold.

Treasury keeps printing trillions of dollars.

So the share price

Of the top 500 corporations rises –

They are not easily replaced –

But dollars and euros are.

            Outside, the air is clear

            No worries out here

            Sounds of the seashore

            Ripples of time cascade

            The sun tilts our shadows

            As we seek a place to observe

            The grand scope and color

            That earth gives us

            Outside markets                  

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