http://www.forexlive.com/125957/all/...ngrade-reduced
Sounds like Green-speak, or in English, a bunch of hooey....they're trying to keep from spooking the markets but I don't think anyone is fooled by the debt issues any more. Germany is relatively in good shape, but will be dragged down too.
Bulls need to cross their fingers that a wave 2 rally didn't finish today as shown in this chart:
http://stockcharts.com/def/servlet/F...87600&cmd=show[s174911668]&disp=P (link is not posting right, copy in entire URL for the close up chart I was referring to)
Based on how the dollar looks though, I think the dollar can pull back down some more for a couple days, so stocks could rally more, maybe.....
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