Monday, February 11, 2008

Wall Street Alert: Watch This Video of the Week (Based on Bond Insurance Crisis)

StrategyUpdate.com blogger Zuma Dogg sings a little song to indicate where he thinks the stock market will be going based on the credit derivatives market and bond insurers' crisis. We've been posting doomsday alerts since October of '07, predicting a historic downturn as soon as the calendar turned to January '08, that would be the small wave, before a second downturn in February, worse than the historic losses in January. Don't think the bail out express will be here in time. And when it does get here, won't be able to help in the long run. The biggest to be hit are Municipal Bonds -- like the one's the City's and State's sell to the people. WATCH THE CREDIT SPREADS IN THE DERIVATIVES MARKET...That is why this is our video of the month.



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