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2bit-nothing

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2bit-nothing

Re: bigelam post# 13096

Friday, 08/05/2011 8:42:19 PM

Friday, August 05, 2011 8:42:19 PM

Post# of 46542
The downgrade actually happened just now. This morning's dump was definitely due to the rumour. Not sure about yesterday. But come to think of it, people getting out of stock market to Treasuries because of safe heaven, now the downgrade really means they will have to move out of Treasuries, but to where, back to stocks?

There may be an initial dip, but I would not be surprised to see a huge rally thereafter...

Call me crazy if you want...

2bit
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