Even with oil having gone from $148 to $118, it is not going to be easy for this market to work if oil is going down because the economy is getting worse. It's a positive that consumption is down, though.
Boy oh boy I wouldn't want to be the new CEO of Motorola.
Sirius CEO Mel Karmazin yesterday walked on hot coals, put is head in a lion's mouth and then bought some of his company's stock.
"Someone" has now "broken" the story of "Lehman considering selling Neuberger" about 50 times.
I can't imagine the Fed doing anything this afternoon. I bet they are as confused as we all are.
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