Fear and Loathing in New York City

I am covering the Lehman that I shorted at $29 this morning. There is a Barclay bank takeover rumor and I don’t want to be a pig. I made 6 points on the short. There is also a rumor that certain European banks are not taking their action, sound familiar? With LEH earnings in the morning, the rumors, both bullish and bearish will start circulating. I am still a bear big time but don’t want to push my luck. Be back later. Hope everyone is holding up. The close will be exciting again and I think they will crush em.

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