Thursday, August 11, 2011

World's scariest roller-coaster ride? The Stock Market

In July, Travel + Leisure magazine ranked the World's Scariest Roller Coasters. However, they left out what most Americans (at least in August) would likely agree was by far the world's scariest roller-coaster ride, the stock market.

Seriously, the Intimidator 305 (voted Best Coaster of 2010 by Amusement Today) has got nothing on the Standard & Poor's rating agency when it comes to intimidation.

Oh, and in case you're not an investor in the market and want to know what the past week has felt like to those of us who are, check out this short video clip a passenger riding the El Toro roller coaster took:



(I think Six Flags Great Adventure should consider changing the name from El Toro -- the Bull -- to El Oso, the Bear.)

Any guesses as to what the market will do tomorrow?

UPDATED: Well, we ended the week on the upside -- which probably means we're goin' down on Monday. Brace yourselves, people. And speaking of Standard & Poor's, I enjoyed this recent post over on Rumproast, which quotes an S&P senior director saying who is responsible for the downgrade.

1 comment:

JWT said...

S&P would like us to think of it as intimidation. Unfortunately, it's just the unsavory side effect of S&P's auto-eroticism.
http://news.firedoglake.com/2011/08/08/sps-history-of-relentless-political-advocacy/