Markets to be tested this week again
Here's a vid with a trader on the floor of the NYSE explaining what happened last week. He
basically said the market was being tested by nervous investors selling off after the
downgrade but we held.
However, he said the markets will most likely be tested again this week after a modest
rise on Friday.
BTW, everyone agrees that some big billionaire made out like crazy from all the
short selling and may have even started it. Nobody knows whom but the big
guess is that great DEM George Soros but that is just a guess.
Old man Kennedy made his first millions on his own by short selling when
he was a young banker. He became President of the bank and changed in into
an investment banker house.
Last edited by AirFlacco; 08-14-2011 at 02:45 AM.