9/15/08
Did anyone really listen or keep reading my blog since this year start?! Am I list LEH,WM,...financials are going to fail 6 months ago? I have been right much more than wrong about predicting the future of selective financial firms. Did any, any of Fed & Treasury action help calm this century financial crisis?! No matter what they did, it surely will not help at all. I keep insisting it, there is domino effect happening in our financial markets. Lack of confidence, credit crisis,...and most important the severe decline of housing market keep making this Ball getting bigger and bigger and running its power claw from the top of snowy mountain. I have said that the following many months ago: Credit crisis has just begun, the snow ball has just getting bigger and keep rolling down the hill.... I feel very richness myself because my superior market forecast is actually very accurate and also did help people skid this biggest financial crisis. Folks, if you have wondering how I could do this. Contact me asap. Good luck.
Technically, VIX is in fear zone, market will bounce very soon and mark mid-term bottom. Let see tomorrow if the excuse of rate cut would help the rebound. However, we are still in BEAR MARKET. It is still too early to end this game. There must be more banks and financial firm are getting fail. Good Luck!
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