The Hump Day Fray: Can the Contagion Coagulate?
There was something about Lehman yesterday. As the investment bank lost precious time insiders rushed to stem the bleeding and find a lifeline.You can learn a lot just by watching and Monday Morning  on the heels of the Fannie and Freddie rescue rally Lehman Brothers (LEH) opened near $18 and immediately swooned into the negative territory.We scribed at the time that the most likely process (following the massive gap higher in the market) was to press lower (check) sifting winners from sinners (check and please add Washington Mutual (WM) and AIG (AIG) as latter matters) close higher (check) muddle forward (check) and ...
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