Riding it out

Today on the Stock Market

1 Helium was up,

2 Feathers were down.

3 Paper was stationary.

4 Fluorescent tubing was dimmed in light trading.

5 Knives were up sharply.

6 Cow steered into a bull market.

7 Pencils lost a few points.

8 Hiking equipment was trailing.

9 Elevators rose, while escalators continued their slow decline.

10 Weights were up in heavy trading.

11 Light switches were off.

12 Mining equipment hit rock bottom.

13 Diapers remain unchanged.

14 Shipping lines stayed at an even keel.

15 The market for raisins dried up.

16 Coca Cola fizzled.

17 Caterpillar stock inched up a bit.

18 Sun peaked at midday.

19 Balloon prices were inflated.

20 And batteries exploded in an attempt to recharge the market

I found this at Phil’s recently and in my normal "light Fingered" way I borrowed it as it seemed appropriate for the time, the way our stock market has been bouncing around like a cork in rough water.

For those of us who have our savings invested in the market this can be quite unsettling, (a bit like being on that same rough water in a small boat) I keep reminding myself that even when your share prices fall you don’t lose anything unless you sell at the reduced price, always providing that you don’t NEED to sell its very often best to wait out the rough weather.

This has been an up and down and down again few weeks, made harder to understand because our local economy is quite good, we are tied onto the rest of the worlds economy, in particular the United States with their Home Sales crisis, and the era of paper money take-overs, meanwhile the giant emerging market of China is poised in the wings.

China has been a huge customer recently for our minerals and resources particularly Coal and Iron Ore, but now as the world markets react to a bearish mood, this isn’t enough to keep us buoyant any longer.

We are seeing more of; 2, 4, 7, 12, 18 (and its now 8pm)

And a lot less of; 1, 5, 6, 10, (Oh well its 8pm perhaps its time for an early night)

For anyone who would like to take a serious look at the situation go Here