Thursday, June 12, 2008

Crisis Of Confidence At Lehman

Gasparino reports that the two top guys are out at Lehman. The bears will be out in force suggesting that another Bear Stearns situation is about to unfold. Futures are coming off fairly well and it is proving the fragility of this market. We'll see if it shrugs it off or not. I don't see it, but that's just me.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.