S&P: US gets outlook downgrade.

[ZenOps]

http://www.cnbc.com/id/42643384

Will retain AAA status, but "we have revised our outlook on the long-term rating to negative from stable"

Ow. This could be crushing news.

[SilverRex]

lol talk about finding ways to correct the current market. mid june cycle turn date fast approaching, market is due for a mid term correction before the next bull phase, I take it that the market will do what ever it takes to drop it's shoe,

but I see it as an opportunity

[max_boost]

Originally posted by SilverRex
lol talk about finding ways to correct the current market. mid june cycle turn date fast approaching, market is due for a mid term correction before the next bull phase, I take it that the market will do what ever it takes to drop it's shoe,

but I see it as an opportunity :thumbsup:

[Crymson]

Originally posted by SilverRex
lol talk about finding ways to correct the current market. mid june cycle turn date fast approaching, market is due for a mid term correction before the next bull phase, I take it that the market will do what ever it takes to drop it's shoe,

but I see it as an opportunity

Me too, but i'm not sure when is a good time to get it. I've been hodling mostly cash for about 2 weeks.

[dimi]

Originally posted by SilverRex
before the next bull phase

:werd:

Yea for an economy that has to print money to keep afloat, that has only one buyer of its treasuries (its central bank), that just went through the biggest clown show to cut 38 billion dollars out of a 1.6+ TRILLION deficit, things sure do look set for another bull market.

[davidI]

Originally posted by dimi


:werd:

Yea for an economy that has to print money to keep afloat, that has only one buyer of its treasuries (its central bank), that just went through the biggest clown show to cut 38 billion dollars out of a 1.6+ TRILLION deficit, things sure do look set for another bull market.

The last year's run has been overdone if you ask me :dunno:

Just gotta run with the market...it is what is right or wrong, no matter what we think!