...just my luck that on my first ever Premiere project (CS6) I'm building a timeline and need to use both the Rate Stretch Tool and the Warp Stabilizer on multiple clips. The message, "Warp Stabilizer and Speed can't be used on same clip" took me by surprise.
However, after research here on the Forum, I found a Workaround that I'm deploying:
"Apply the effects, nest and finally apply warp stabilize" Ann Bens
Here's what I did:
So I've done this like ten times to ten clips and now have 10 Nested Sequence folders.
I am so Over My Head for a first project. I thought you could always compound Video Effects!
Best is to make a copy of the timeline or clips that you are going to multiple nest etc.
If you screw up you can easily replace nested clips etc with a copy from the copy you made.
There is an undo function but most of the time its not enough.