Friday, April 06, 2012
Easter comes as every year
And with it brings a dose of cheer
For the bears who look again
To Eurowoes, this time from Spain.
For when we note their yields rise
It's time to sell in decent size
The other debt that Europe calls
"Defendable", as it always falls.
But slice the links
And as Spain sinks
She shall not drag
The others down
L T R O for all its flaws
Has shielded them from big bears claws
So though great profit is our aim
This time be warned - It ain't the same.
And far, far east where junks are kept
The "junk" you sold has now all leapt
As markets bounce as data cry
"Growth is back", yet you deny.
It must be false! They made it up!
Coal sales are down in Buggerup!
For I know best, as I sit here
Eight thousand miles from the land I fear.
So now the mere is crowded out
With hides of hunters who all shout
"Mine's the Swan! The blackest one!
That I will down with my short gun".
But normality is not like that
For most its creep and crawl, or flat.
A drift, no thrills, just gentle grind
Where quick return is hard to find.
So cease thy bets on tails and jump
Back to the fat that's in the hump.
One day we'll die, yet doesn't mean
In coffins waiting we'll be seen.