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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (76941)	7/27/2011 12:56:27 PM
From: 2MAR$	Read Replies (1) \| Respond to of 218083

Via from ForexLive.com: Greece cut to CC from CCC by S&P, negative outlook; amounts to a selective default By Jamie Coleman \|\| July 27, 2011 at 16:32 GMT Not much reaction. When ratings are that low, doesn’t much matter…. Debt restructuring plan amounts to a selective default S&P views the EU’s debt restructuring proposal as a “distressed debt exchange” The debt exchange and rollover options are unfavorable to investors Recovery rate of 30-50% expected from bondholders * John Galt site , here ...kind of humorus "Don't Worry Be Happy" johngaltfla.com Euro PB

To: TobagoJack who wrote (76941)	7/27/2011 1:25:00 PM
From: 2MAR$	Read Replies (1) \| Respond to of 218083

From Wen's last dipolmatic tour and the large reserves of cash she has, there is a turning here ... Message 27455543 am guilty as charged shorting the AGQ this am on the opening pop to $230 but i know this instrument is still primed & ready for a Downgrade to US , that now stirs on everyone's lips that could be seen as inveitable this weekend ,as they were going to draw this out to the very end . Yet when Obama prematurely hinted last week there was an agreement near the AGQ fell 4% fast ...will that downgrade come tmorrow before or on the heels of the employent #'s or the GDP forcast on fri ? will they dare to downgrade the US right before the show next week ?