LEH broke $30 in pre market and is down an additional 5% and they are reaching out to foreign investors for cash. The plot thickens here so stay tuned. I hope it doesn’t end like the Bear. The financials will continue to be pressured and UYG will be a trade today(short) I’m sure.
The ADP number(don’t trust it) said jobs grew by 40,000 and futures caught a slight bump and oil is down a buck. I think we go to 10,000 with an Obama presidency anyway. Anyone else?