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S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,408.40
(
0.00%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.58
(
-0.14%
)
Bitcoin
65,517.30
(
0.85%
)
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JJM760

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JJM760

Re: corky post# 124608

Saturday, 08/06/2011 8:41:10 AM

Saturday, August 06, 2011 8:41:10 AM

Post# of 252255

bottoms are hard to call

things needed and not yet seen

! gas under $3

2 housing values up

3 jobs

4 GDP 4%+



Let me get this straight, you think that those four criteria need to be met in order for the market to bottom? Good luck waiting for that.

In light of this 2 trillion dollar calculation error (as well as S&P's masterful valuing in 2008, I find it hard to take their downgrade very serious. They have become an insignificant bunch of clowns.

Just ridiculous that the institutions have had a heads up and have been able to unload en masse.
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