Wednesday, September 10, 2008

Shhhhhhhhhhhh

There is nothing new this morning as U.S. market participants await the Lehman announcement at 7:30. Lehman will also give the market an early look at its quarterly earnings numbers.

It's possible that we get a post-Bear-Stearns type of rally, but only if there is a big resolution to this Lehman issue. The WSJ speculation today pointed to some possible smaller moves which won't get to the answer.

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