. March 14, 2008 SouthAmerica: I was watching CNBC yesterday when one of their talking heads mentioned that the Dow had gone from being 240 points down, and at that point the Dow was up almost 100 point â a move to the upside of about 350 points. Then I was checking the internet for the latest news and there was almost only bad news, regarding the US dollar, oil price had reached a new high, a large hedge fund was going busted, and so onâ¦ bad news after bad news. The Dow is away down then the S & P company releases a reporter about the sub prime mess, and the stock market changes direction immediately. Wall Street has become a real La La Land. Today people are not able to grasp even the obvious; that S&P was part of the sub prime mess to start with â and their credibility is as good as the credibility of the US government today. I wonder why that people with Harvard degrees and some of the best elite schools of the country - these people canât figure out that what comes out of the S&P today it is part of the damage control to stabilize the panic in the sub prime mess and the information probably is not worth even the paper that they used to publish the report. What a bunch of fools we have on Wall Street today â they canât figure out even what kind of information to use when making their market decisions. I would not waste my time reading such a report, never mind putting my money on the line based on that kind of information. No wonder these fools are losing billions of US dollars left and right. .