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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (87445)5/22/2009 7:33:36 AM
From: Real Man  Read Replies (1) of 94695
 
I am flat and on BK DOWN watch. Of course, we knew this
before, but it's not time until it's time and folks start
to connect the dots. If they do some more thinking, this
could be very bad. It's a Black Swan event.

forbes.com

"U.S. stocks dropped in a broad retreat on Thursday as
investors, worrying over the U.S. budget deficit, dumped
dollar-denominated assets across the board. Markets came under
severe selling pressure as a result of an outlook downgrade
for the U.K.'s triple-A credit rating heightened fears that
the United States, with its increasing budget deficit and
weakened economy, could face a similar fate."
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