for the moment, it seems like the markets are plush. however, LEH and a few other select financial institutions such as ABK, BSC etc, are not showing strength. perhaps this is due to the lack of confidence in investors.
until we get more strength from LEH, it would be safe to assume that LEH will continue it's bear mode.
however, be sure to watch for this strength because it will probably be coming soon. markets point higher due to the "big scare" being lifted from wall street. unless all people are trading on their own intuition (markets need to go lower), which i highly doubt, the markets will not go much lower from here until the "big scare" returns as "the bigger scare."
$44.61 (03/25/08)
