Monday, December 22, 2008

Another One

Here's another one that was floating around last week...

Late one morning one December in a year we’ll all remember,

Writing Christmas poems had turned into quite a chore,

While I nodded, nearly napping, suddenly there came a tapping,

As of someone gently rapping, rapping at my office door.

“Tis some visitor,” I muttered, “tapping at my office door-

Only this, and nothing more.”

Open wide I flung the entry, stood there like an ancient sentry,

In there stepped a haggard trader who’d been up since half past four.

Not the least obeisance made he; not a minute stopped or stayed he;

But, with mien of lord or lady, walked in from the trading floor-

Stood next to a bust of Soros on a shelf well past the door-

Stood, and sighed, and nothing more.

Then this battered soul beguiling my sad fancy into smiling,

By the grave and stern decorum of the countenance he wore,

“Though thy P/L has cratered, you’ll get better soon or later,

Ghastly grim and somber trader wandering from the trading floor-

Tell me what thy problem is found upon the trading floor!”

Quoth the trader, “Nevermore.”

As he stood there slightly smirking, doubts I’d long felt vaguely lurking

My subconscience let emerge and push their way out to the fore.

“Though our P/L’s been stinking and our share price swiftly sinking

Surely I’m right to be thinking that the worst is in Q4?

When will we return to normal, back the way it was before?”

Quoth the trader, “Nevermore.”

“Come now, fellow,” I cried, shaken, “surely thou art quite mistaken!

There is sovereign wealth fund buying risky assets soon in store.

Banks will soon enough start lending, start consumers back off spending

Bring a swift and tidy ending to our all feeling quite poor.

Don’t you think that GDP growth soon enough will exceed four?”

Quoth the trader, “Nevermore.”

Was he simply trying to scare me, overwhelm me, or just dare me

To get out of my positions I’d put on the year before?

Though they trade at distressed prices, my sangfroid is cold as ice, as

I have made it through the crisis marking them at eighty four.

“Don’t you think if I hang on I’ll find a bid at eighty-four?”

Quoth the trader, “Nevermore.”

My portfolio’s diverse, moving on from bad to worse.

Managing a long-stock book had proven to be a chore.

As I glanced back at my screen I took on a pallid sheen

As the S&P careened below its key supportive floor.

“Will the Nikkei ever rally back towards where it was in ’94?”

Quoth the trader, “Nevermore.”

Then, methought, the air grew denser, perfumed from an unseen censer

Swung by Seraphim whose foot-falls tinkled on the tufted floor.

“Wretch,” I cried, “Satan’s thy master, he hath sent me to disaster

Tell me, who hath fallen faster, me or hedge funds shuttering their doors,

Causing panic on the streets of London, Moscow, and Lahore?”

Quoth the trader, “Nevermore.”

As the floor began to darken, a footstep I faintly hearkened,

Followed swiftly by another rapping beat against my office door.

In stepped an HR director, leering like Hannibal Lecter

‘Twas not my place to correct her as she told us what’s in store.

Then she escorted the trader by the elbow out and off the trading floor.

I saw him again- nevermore!


Varun Gupta said...

Wish u Merry Christmas. I liked your Christmas post... I also want to present my Christmas 2009 just like yours. Would you be interested to exchange link with my PR4 Blog.

t said...

Best christmas wishes to Macro family & all MM readers.

Joe Williams said...

"...Though they trade at distressed prices, my sangfroid is cold as ice, as
I have made it through the crisis..."

That bit is wonderfully inventive.

Anonymous said...

That was impressive, a greater feat than your other writing efforts.

Anonymous said...

Merry Christmas to you, MacroMan...
and a Christmas carol to everyone.

Anonymous said...


I believe you've outdone yourself!!!!

In any case, happy holidays to you and your's, with wishes for a prosperous New Year.

Jan (old trader)

Anonymous said...

Very good. Summing up 2008 leads the mind to Poe's works although I would have thought of the horror stories instead.

Kit said...

You rule!

Wish you a Merry Christmas and thanks for all the insightful and supremely funny posts you've written this year!

Sable Crow said...

How great!! As an English major, Poe was always my favorite. Now, as a private investor on the West Coast, I often feel removed from the chaos of Wall Street, even if my fortunes depend on its gyrations.

This blend of poetry and finance, this Standard and Poe (ha!), is fabulous. Thanks.