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Non-Tech : LEH LEHMAN BROTHERS

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To: mparness who wrote (302)6/30/2008 5:47:22 PM
From: l.jeff18   of 315
 
Nearly at the 52 week low today!! Can't believe that the financials continue to tumble down. Looks like they fooled us for a very long time. Even GS, arguable the most stable I-Bank is tumbling. Here's a technical analysis of LEH if anyone is interested..
greenfaucet.com

The author argues the obvious- that there hasn't been a change in trend yet and it's too early to reenter the financials. But he does give some pretty good information about the signals to watch for if LEH does start to make a rebound.
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