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RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 08/08/11
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Is the blood running in the streets yet? Get that ammo whilst you can . . .
Ran Sqwauck Bitchez!
This is gonna be beautiful! As an "unintended consequence" of the congressional hearings, first Fitch and then finally Moody's will both begrudgingly DOWNGRADE the US as a result of the detailed information revealed by S&P. Then the markets will COLLAPSE in a final crescendo because of the fucking morons on Capitol Hill! Wheeeee! This investing stuff is easy! Hats off to Mogambo!
THE S&P 500 MONTHLY CHART THAT FORECAST THE CRASH.
Further downside expected.
http://bit.ly/x618
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