Futures rise sharply on possible Lehman takeover news as CNBC is
doing their 1000th exclusive interview with Buffett. They do not
report the news about Lehman and actually say futures are up on the
interview with Buffett. Arrogance and ignorance in the same show,
quite a feat. ( I saw the Lehman news on Bloomberg )
Interesting that all the bad news of the past week was met with
little selling, yet the mere hint of possibility of Lehman being
bought by a foreign company brings a big
rally....hmmm.....discounting bad news....overplaying good news....
market really wants to run up, up, up.
Futures rise sharply on possible
Posted by randy on 22nd of Aug 2008 at 08:46 am
Futures rise sharply on possible Lehman takeover news as CNBC is doing their 1000th exclusive interview with Buffett. They do not report the news about Lehman and actually say futures are up on the interview with Buffett. Arrogance and ignorance in the same show, quite a feat. ( I saw the Lehman news on Bloomberg )
Interesting that all the bad
Posted by iufan20 on 22nd of Aug 2008 at 08:49 am
Interesting that all the bad news of the past week was met with little selling, yet the mere hint of possibility of Lehman being bought by a foreign company brings a big rally....hmmm.....discounting bad news....overplaying good news.... market really wants to run up, up, up.
thats because sentiment is so
Posted by dylan398 on 22nd of Aug 2008 at 09:02 am
thats because sentiment is so bearish......being short is a crowded trade right now