eat drink be merry?

A technical analyst tell us not to worry. He says - eat drink drink be merry. Also bets on more consumers. Well, every wonder about that quote - eat drink be merry? IT comes from the bible and here it is in context for you.

Luke 12:19 - 20
And I will say to my soul, Soul, thou hast much goods laid up for many years; take thine ease, eat, drink, [and] be merry. But God said unto him, [Thou] fool, this night thy soul shall be required of thee: then whose shall those things be, which thou hast provided?