Capitalism-IT Works For MIGHTY Few

Why care what S&P or Moody's says? They had Lehman rated AAA the day that the Bros. went under. And B.S. too.
Here we go again boing ga boing, big market swings. Where -300 is a good day. Remember those good old days?-well not so long ago.
While I do admit that Italy's (Italy is in the top 10 in public debt to GDP ratio at over 100%) and Spain's debt issues are a huge problem, Mr. Market's reaction here at home to what usually is a mere procedural issue (our debt ceiling increase) is ludicrous. As personal debt remains the real problem, not public debt (we are not Zimbabwe remember?), the circus show in Washington, DC is just another attempt to steal investment equity from the regular guy. And it's working like always-you are all in that .001% money market running scared, right? Do not worry grasshopper, the rich will get richer again. The rich honestly think IT IS THE WAY. They must believe it because wealth=brains they tell me. Go capitalism. It doesn't work for you unless you can switch a billion dollars from long to short side at the blink of an eye. It does however suck for you. Big Business hoards cash=no job for us'uns.
Anyway, try not to fall for this ploy being tried (and true) by Mr. Monopoly. 10,500 DJIA is a fair number to look at reevaluation. We've been due for a correction as the market is still overvalued. Corporate profit on the back of unemployment is a charade-don't bite the hook. 10,500 is about where we should be freaks.
And don't forget, the last hour of trading is the measure of the market.

HERE'S my website