Market comments: Wednesday Jan. 23 2008

Ok, we have many more readers in the US than Norway so we’ll do this in English.
It’s a grey dull day here in Norway so I won’t shoot a video, I’ll write.
Ben Bernanke – you pathetic smuck – is that all you have?
A pathetic three quarter cut?
How long do you think that’s going to buy you?
A day, two days, a week?
I’ll tell you.
You’ll keep the markets suspended until next Tuesday the 29th.
Yes, you will cut again, and nobody knows by how much, so they’ll wait and see.

But PANIC will also hit Wall Street.
Be you sure about it.
PANIC my friend – peoples eyes wide open, glazing over, tears running.
People walking the streets, starry eyed.
Dreams shattered.
Within this Moon Phase things are really going to happen.

It’s inevitable.
The hangover from the largest party in history in upon us.
Bernanke, you served another drink all right.
But there is nothing you can really do.

Folks,
Enjoy this short short short bull rally while it lasts folks.
If you have shares – sell now.
For the shorters out there, THIS IS THE TIME TO GO ALL IN (OR OUT IF YOU LIKE).

The market will coast along, dipping, then recovering until over next Tuesday.
Come Thursday/Friday next week, .
Blood will be in the streets.
Bloody February 2008.

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2 Comments

  1. Cary
    Posted 23 January, 2008 at 9:26 pm | Permalink

    Thanks for English Hans, Always interested to hear your perspective on world economy and politics.

  2. Farmann
    Posted 5 February, 2008 at 11:21 am | Permalink

    Hi Cary,
    Yes – most of our readers are actually English speaking so we will increasingly do Farmann in English. We are working out the details as we speak.
    Thanks!
    Hans