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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 605.25+0.1%Feb 11 4:00 PM EST

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To: Wayners who wrote (42992)1/1/2013 11:40:04 PM
From: Joseph Silent  Read Replies (1) of 207442
 
I leave the convolutions and logic to you guys. But it should be clear that Fitch and S&P are as crooked as the

rest of 'em (or have you forgotten?) and markets go up in the face of downgrades, once the confusion has been used to someone's advantage.

Life's a Fitch to be on the wrong side of a hard-to-predict market. Logic doesn't have a great track record with prices. If it did, everything would be automated, and wires would come out of pointy-headed skulls. Now all that comes out is noise. Noise can be helpful.
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