S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
IMO the rally's begun as of Friday. LOTS of money managers looking to get in here in hopes of paring their considerable losses YTD. Citi's chart was a tell on Friday morning as it gapped down for just 1/2 an hour before starting to almost immediately recover well ahead of the general market. And of course the insurance stocks went nuts on the HIG earnings. I think the train is leaving the station, folks, now. I see a possible 5-week rally into the Obama inauguration, then a big correction.
Lehman Brothers Take-over: Implications for Financials [View article]
I'm with Pokernut, putting a price on LEH is like trying to value a cloudy swamp--who the hell knows what lurks in those murky waters! IMO LEH is giving off the same panicked stench that Bear emitted before it went down. This may be one token lamb Bernanke and Paulson may be willing to allow to fail.
Citi's Michael Klein Gets $5.5 Million Retention Bonus on Departing [View article]
S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
Wall Street Breakfast: Must-Know News [View article]
Thanks, Alpha, for this great free service!
Lehman Brothers Take-over: Implications for Financials [View article]