Today Alan Greenspan stated that the financial crisis it not yet over. He says even the banks are likely to have to raise "large" amounts of money. The stress test results were a snow job on the public.

"There is still a very large unfunded capital requirement in the commercial banking system in the United States and that’s got to be funded until the price of homes flattens out we still have a very serious potential mortgage crisis," he said.

What Alan Greenspan didn't say in his talk is how his own policies helped to create the current mess the stock market and economy are in. He continues to blame his mistakes on others.

This is a wild time for stock investors and we have to stick to simple trading strategies in this market environment. Money can be made, but this isn't a market were you can just blindly buy with no plan.