The Implications of a Downgraded U.S.

The potential global downside here is large, as Mohamed El-Erian explains:

The world looks to America for a range of "global public goods" — including the reserve currency, the deepest and most liquid government debt markets, and the "risk free" standard. With no other country able and willing to step into this role, the result would be global efficiency loses and a higher risk of economic and financial fragmentation.

What to do if there is a losing position on ?

If you have a losing position, get out of it. You will be able to see more clearly and without emotion while you don’t have the position still going against you. By doing so, you won’t waste valuable mental energy on a losing position. You will cut the opportunity cost by getting out of the loser and finding another trade. Most importantly, you will conserve your capital.

"Never Give Up And Always Believe In Yourself"

http://www.youtube.com/watch?feature=player_embedded&v=7XI3U8eupNQ

\check out (above link) video

" Trends "

Trends persist, and those with historic highs can go on for a long time and have several parabolic spikes during the moves.