The market keeps falling, they say, because of sub-prime,
But don’t worry, keep buying, what was worth a dollar is now worth just a dime;
People with no money to pay, getting a mortgage is no crime,
“Be patient” we tell our nervous clients, your time horizon is for a long-time.

It’s Greenspan’s fault, the experts say,
No, says Cramer, it’s Bernanke’s fault all the way;
With no sub-prime exposure, everyone says Large Tech is the magic play,
“Be patient” we tell our nervous clients, don’t look at your portfolio each day.

My screen is all red from stocks across the land,
The phones keep ringing, noise like a marching band;
Just give me some suntan lotion and I’ll lie in the sand,
“Be patient” we tell our nervous clients, at least you’re diversified and own some South African Rand.

A bounce is due, it’s in sight,
Dow-theory sell signals you will live in fright;
How many more articles do we need to read about selling in hindsight,
“Be patient” we tell our nervous clients, at the end of the tunnel there is sure to be light.

“So, what should we do” is what I hear,
With hedge fund selling we are all overcome with fear;
Abby Joseph says forget about losses we are in the clear,
“Be patient” we tell our nervous clients, it’s summer: just sit back, relax and drink some beer.

Bargains abound the analysts hopefully wish,
For Icahn, Kraft is just Delish;
For Sonics fans Durant finally made a swish,
“Be patient” we tell our nervous clients, the king salmon are running — forget the market, it’s time to fish.

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Disclosure: Author owns Kraft (KFT) personally.

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Aaron Katsman is the lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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