Stock Market Predictions for Monday 8-8-11 after AAA downgraded to AA+

(WASHINGTON, DC August 5, 2011) News and Commentary. The US Credit Rating was downgraded from a AAA to AA+ by Moodys today due to the high national debt issues. Yesterday (Thurs. Aug. 4, 2011) the US Dow Jones Industrial Average dropped 510 points. http://www.moodys.com/

Since the credit rating dropped apparently AFTER the markets closed today then I predict a catastrophic loss on Monday:

1. The Stock Market will drop 2000 points.

2. The other averages (NASDAQ, S&P 500) will drop 20% each.

And, the heightened solar storms (See Below) are the metaphysical reason behind Thursday's crash, Friday's downgrading, and Monday's forthcoming crash.

I am new here and not sure yet if there is a "psychic" forum here?

So after the crash, I predict that we will have a double dip in terms of housing prices dropping ever further. And, the US govt. will have to search for new revenue, and cut more spending.

Since the border drug wars and raids of forested pot farms in California and Oregon are taking so much money (and elsewhere), then President Obama and Dennis Kucinich will legalize Medical Marijuana in all 50 states, and enact a Federal Sales Tax of 50% to help balance the budget.

Anyway, it's clear that the Credit Downgrade was done AFTER the markets closed, so that we wouldn't see a Black Friday.

And, Moodys at least is somewhat benevolent in their punishment, since they're giving Investors the ENTIRE WEEKEND figuring out how to plan for the opening bell on Monday.

Wow, how nice. And, yes, all the Investors will be in a BAD MOOD.

Oh! So THAT'S why they call themselves - MOOD -ys ! Because they like to put Investors into a BAD MOOD !

And Oh! The IRONY in all this - I mean, isn't an AA+ still good enough for these investor creeps? Geeez.... I mean, if your grade dropped to a B-, isn't that still OK? Isn't that still a 3.0 in College? If your Dad was a stockbroker, wouldn't he still give you some great graduation presents with a 3.0 GPA? I think these investers are certifiable.

DO YOU have any predictions. What will the Markets do on Monday ???

Will any solar flares disrupt our electronic grid ???

What do you overseas readers think about all the ILLEGAL WAR spending that got us into this - from Reagan to Bush Senior and Bush Junior, and even Obama continuing Bush's wars? Even Clinton and Gore bombed Somalia and one of the Czech Republics.

Given the economy and the behavior of the sun, is now a time to think about going off the grid ???
(I mean, like passive solar energy, growing all your own stuff, printing out everything from your computer because the chips could be fried, etc.).

That's what I'm starting to think - finding a small town of like minded people miles from civilization ... Sedona ??? Love it there ! I could wander off topic and tell you about by Sedona, AZ dream with Solar Events apparently in Sedona that I had in 2009 but I won't ...

Has anyone seen any Auroras (Northern Lights) - CHECK OUT SPACEWEATHER.Com for the August 5 Severe Geomagnetic Storm and Auroras ....

Seems that with these Geomagnetic Storms, that the sky REALLY IS falling on the heads of these Investors on Wall Street (Pun Intended) .... :sunny:

Wow, I hope nobody invested in the stock market is reading this

http://spaceweather.com/

Anyway, if I'm wrong, then this post and its inherent and implied and (properly) irreverent prediction will float to the bottom, never to be read again.......LOL

 

Where was Standard & Poor & Moody's when the crooks were selling worthless paper derivatives? Oh right---it was the rich doing it. How could I forget.

 

I predict , that if a comet struck new york dead center. The world would be a better place...

 

It was Stand & Poor who gave all of those great banks, mortgage companies, and mortgage bonds AAA ratings.

The ratings won't make a difference to the price of US bonds. Bonds are sold on the open market-buyers bid on the bonds. We're still the safest place to put money.

Bond yields went down last week-people were taking money out of the market and buying bonds-realizing that there money was safest here in America.

The markets will be up on Monday. But the big thing is watching the markets Sunday night to see how the Japanese/Chinese markets react.

You can watch it here Sunday night-I think their markets open at 8:00 EST on Sunday- http://www.cnbc.com/id/17689937/site/14081545/

 

the country would come together in the new "war on space."

 

http://www.huffingtonpost.com/2011/08/06/us-credit-downgrade-history_n_920280.html?ref=fb&src=sp#sb=116702,b=facebook

The downgrade of the U.S.'s AAA credit rating by Standard & Poor's on Friday may end up having little to no effect on interest rates for U.S. securities, according to analysts who have examined past credit rating downgrades in other countries.

 

Meanwhile the news in health reports that a 10% raise in suicide among adults ages 45 to 60...

 

Well that will help with the unemployment number-sorry couldn't resist.

It's ugly out there. A lot of people in their 50's who are unemployed may never find a job again. And we're talking about cutting medicare, medicaid, and social security.

Bernie Sanders is the hero here. A few key democratic senators saved us here.

Obama's not helping.