stock market looks ready to crash!

Discussion in 'Trading' started by bat1, Jul 30, 2010.

  1. bat1


    Seems like nobody is buying no matter how cheap stocks get!

    Why buy today when next week they will be cheaper!

    This could be a reason for a Crash..

    Moody’s, the well-known ratings agency, downgraded the U.S.’s AAA debt rating this morning. The move comes on the heels of debt ratings downgrades made over the past few months, including downgrades on Greece’s debt and on Portugal’s debt. The downgrades on Greece’s debt sent the European Union’s monetary union into disarray for weeks. Of course, the fact that the U.S.’s sterling debt rating has now been tarnished is prompting even more widespread fear. The U.S. is the world’s pre-eminent economy, so a debt ratings downgrade is big news — especially since U.S. Treasuries had formerly been seen as one of the safest investments in the world.
  2. falling rates are making you're statement look foolish
  3. bat1


    We shall see:D

    nobody is buying that is the point you are missing!

    Way more down volume then up volume.
  4. exaltedangel09

    exaltedangel09 Guest

    Arghh, another

    get out