Wall Street gets jittery as the bond insurers reject Buffett's offer!

The Wall Street had rallied on the news that Buffett offered to prop up the Bond insurers and most of us, including me had thought that the insurers must be singing to the heavens. But all of us were mistaken as the second bond insurer had just rebuffed Buffett's offer, no pun intended!

As the bond insurers do not seem to be too eager to bite at Buffett's bait, the Wall Street is already showing signs of getting bearish for the rest of the day. With such news in the offing, all one can say is that the Bear is going to have a field day tomorrow and all that one can do is to roll the dice and look up to the stars for some inspiration!