Tuesday, August 14, 2007

Holy Cow; there is more to the story than this

The sub prime “crisis” does not seem to merit the amount of selling we have seen the last couple of weeks, this investor suspect that some major financial institution perhaps over indulged in the sub prime give away.

In the long run I remain very bullish but in the short run I think we have not seen the last of the shake out.

1 comment:

bondguy1824 said...

I don't think that's it. The market, especially any bonds with credit risk, were way overvalued and now the pedulum has swung the other way. I agree with your bullish sentiment and I am using this as opportunity to selectively add. BTW, keep up the good work on the Ridgewood blog