Simply Put

ETFs That Could Be Affected by Today's 11 Downgraded Banks

If you think its time to get optomistic think again. The worst is still yet to come,. The rich are now feeling the heat and a new wave of negativity is going to hit like a tidal wave ala Madoff and more toxic assets on bank sheets and commercial mortgage defaults. It wont be a happ new year for long. Imagine after the bad news is all out, there will be no party. There will be a U shaped bottom that lasts at least a year if no more real bad news occurs. It will be like being trapped down a well without a ladder. Sure the only way out is up, but theres no way to get there. I advise taking off any rose colored glasses you may be clinging to and look the reality in the eye. This is not an "investors market" yet unless you want to trust your money to a black hole with no foreseeable exit. DO NOTHING, it might save you a LOT of money!