Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 680.59

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Dec 19 4:00 PM EST

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To: locogringo who wrote (23080)	8/7/2011 3:14:04 PM
From: joefromspringfield	4 Recommendations Read Replies (1) of 220508

"Being downgraded by one of three agencies is not the end of the world, and the White House is doing it's best to trash S&P and make the downgrade look political.' Yes but I believe the other two agencies have the US on credit watch for possible downgrade. The debt continues to go up even under the most aggressive plans like the Ryan or Simpson Bowles plans. As long as it continues to rise the other two will be forced to downgrade. It is only a question of when.

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