Cast Your Vote: What Will Happen on Aug. 02, 2011?

Discussion in 'Trading' started by pattern39, Jul 20, 2011.

  1. Cast your vote, what will happen to the market on/after this day? As the thread starter, I hereby give you the reasoning behind one such scenarios.

    Oops. I was supposed to attach a poll... Oh, well....

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  2. nothing will happen. i am surprised the non-issue is still discussed
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  4. If that happens, silver will take out the longs and form a bear flag...

  5. The title of your thread tells me that you learned few things from shortie... including the subject matter and also forgetting to include the polls! Shortie Junior is in :)
  6. the1


    Precisely. Even if the debt ceiling isn't raised the US will not default. The worst that could happen is a downgrade of the debt rating, which means higher rates but I have a feeling the government will lean on Moodys to stop that from happening. 8-2 will come and go just like any other day. Total non-event.