Hello, traders! The markets did a real zigzag this week, with the U.S. dollar declining against the British pound and Euro, even though it was the U.K. government’s credit rating that may be downgraded from AAA by S&P. Seeking Alpha’s Gary Dorsch asks the obvious followup question: Is the U.S. government (and our dollar) next?

Lots of action in our Trader Network, too. First a shout-out to our latest Leaderboard heroes, of which there are quite a few newcomers: TexasThunderSS, aaronkelley, NathanAllen, Get Up Get Out, and Sunny to name a few.

Plenty of folks in the forums mulling the increasingly likely GM bankruptcy. Tinags93 is confused; so is this GM-trading crowd. Anybody want to end the argument with a convincing case for long versus short?

Oil is heating up again (pardon the pun). Jet just switched from biopharma to oil and gas; this forum crowd is chatting up various O&G plays. What do you think: is oil ready to make another climb into the summer?

Meanwhile, Will Profit is circulating a petition to support HR 1207, the Federal Reserve Transparency Act, giving GAO some transparency in how the Fed makes TARP-investment sausage.

My final shout-out is in honor of the American armed forces on Memorial Day. During your picnics and parades, let’s all thank the U.S. servicepeople who’ve laid down their lives for our country. We savor the freedom you’ve helped us protect, and we sure do appreciate it.

Enjoy your weekends, everyone!

[image: Star by Rich Anderson on flickr]
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