Discussion in 'Economics' started by KINGOFSHORTS, Aug 5, 2011.
TONITE at 8:15 S&P is going to announce a downgrade from AAA to AA+
MONDAY BLOODBATH coming.
I'd say mkt bounces after downgrade..........i'm 50% positive.
is that what the selling for the last two weeks was all about?
no downgrade = +10%?
Turn your TV on tonite.
Nice to know the select few got the message earlier than most.
S&P did a fantastic job rating MBS
I know a guy who works for S&P I might ask him what is going on.
8:15 Official announcement from S&P so news should have it by 8:16 at least.
I say 9% drop monday. when liquidation and margin calls hit hard.
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