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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: locogringo who wrote (23080)	8/7/2011 2:47:18 PM
From: fred woodall	Respond to of 220489

Would be the largest bond buying program to date. Three of the Northern central banks including the ECB’s powerful German contingent resist the idea. Can't blame them. The sentiment in Italy is to go back to the Lira.

To: locogringo who wrote (23080)	8/7/2011 3:14:04 PM
From: joefromspringfield	4 Recommendations Read Replies (1) \| Respond to of 220489

"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.