There is no recession. The economy would be fine. Our Government has done great job keeping our financial markets safe and orderly and very trade able. Its a signature of strength in our great country and how it comes around united and strong. IF you have doom and gloom and want to fight the Feds go live live in Tibet...
Shorting is selfish and un American Buying stocks and equities helps economy and jobs and creates enterprise for all Americans I will go with the latter.
Options traders are making big bets that Lehman stock will drop an additional 24% by Thursday, when March options expire, Dow Jones Newswires reported. Traders also are betting that the shares will continue to plummet over the next month. Maintaining investor confidence will be key to keeping Lehman afloat, at least for now, according to BMO Capital Markets analyst George Lazarevski. "Similar to Bear Stearns, the greatest risk for Lehman Brothers is the risk that once speculation begins, it becomes a self-fulfilling prophecy, and no level of liquidity will be sufficient," he told investors Monday. "If market participants begin to fear that another bank is facing a liquidity crisis, we could see another collapse," wrote Morningstar analyst Ryan Lentell in a research note. http://www.marketwatch.com/news/sto...x?guid={A43FD63B-1711-42A3-AB27-6C20A416638F} I for one am holding some LEH 22.5 APR puts along with QID APR 57 calls. The sky is blue, but there are still clouds over Wall Street. pS
But these are elite trader bears you're arguing with. After watching the market rebound all they can muster are petty personal insults.
If you fail to realize that fed and bank are trying rape and rob assets from sheeple; you shouldn't trade this market.