Why are people freaking out and selling stocks like mad?!

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Why are people freaking out and selling stocks like mad?!

08-08-2011, 02:34 PM

spdrun

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Join Date: May 2011

Location: NYC

Posts: 6,030

Why are people freaking out and selling stocks like mad?!

... the debt downgrade is NOT news!! It's just one company's interpretation of existing news. No new data there, so I don't see why people/computers/brokers/banks are chimping out and screaming "OMG, SEEELLLL NOW." #masshysteria

Regardless of whether the debt rating ends with an A or a +, life will go on.

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