Monday, November 22, 2010

Here's Something I wrote in 2007

I stumbled upon it today in the Seeking Alpha archives. This disaster is still on going with more fun and games to come.
"The Dow was up 76 on Wednesday, but looming in the background is subbbbbbbprimmmmme. I just can't believe the denial that's out there from the pundits who say this isn't going to spread into other areas of the credit market.
The denial is not just unbelievable, but shocking given how fat, and happy everyone was in the credit universe before the bottom fell out in January. I'm not known for making sweeping and alarmist pronouncements, but folks - this is a DISASTER"

1 comment:

Anonymous said...

I was very fortunate to read your early warnings.

thank you!