Do you think we see a huge drop in Futures??
Do world markets plummet??
How about Gold??
How About Oil that has been sinking??
How about currencies??
Or is it all priced in already?
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Unless something significant happens in Europe....going to be a pretty calm day in the exchange. Downgrade from the incompetent scrubs at S & P isn't significant enough to get much stirred up. Those guys are afterthoughts that mostly graduated from local junior colleges.
US Markets still get a AAA rating in Omaha and Tyler, Texas. Hell, I'd give them quadruple AAAA if it existed.
All is well. Don't your skirts in a bunch. No time to panic. Be prudent.
Don't be a sheep. Be a wolf.
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2011