Market will probably rally on Thursday because Moody "May" cut the US bond rating

Quote from upandcomer:

....So what happens when they raise the debt ceiling? The underlying problem doesn't go away.. It gets worse.


I don't know the answer to that. I know that not raising is not the answer and it is not a republican or democrat thing. As Warrent mentioned in his recent interview the debt ceiling was raised 7 times in Bush Presidency.
 
Market has slowed down in the last 20 min but I don't believe shorts will have the bulls to do any damage. Condition is in favor of a 2% by tomorrow close.
 
Quote from shortie:

market flat, VIX +2%, VXX +3%. what's going on?

Battle of longs and shorts. Uncertainities. No one is committing to a long term position. All short terms.
 
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