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[OEXCHAOS]

This guy is a hoot.

A sample:

We like the scurrying in all directions to “explain” the sell off. Chicken Little behavior has always entertained us. We love human folly and fecklessness and the human condition in general. It’s almost as much fun as politics and mud wrestling. The market went up on good news and corporate earnings and sub prime loan woes. The market went down on good news good corporate earnings and sub prime loan woes. No. No. Let’s get this straight. The market goes up because investors are in a buying mood. The market goes down because the longer the buying mood lasts the more nervous investors get because they don’t want to be the greater fool and wind up holding (as Keynes said) the Old Maid card.

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