tumbling tuesday, page-159

Okay here's my prediction tonight, and I will hold fire on any outcome.

There are 4 scenarios possible.

a) Lehmann's report horribly, and followed by Goldman's report which won't matter. Lehmanns go down, the market collapses and the Fed will have to cut 200 points to save it in one hit.

b) Lehmanns' report calms the market, and Goldman's report calms the market AND the Fed chops a 100 points, the market will be up 400.

c)Lehmann's result is in line, Goldman's is in line, and the Fed cuts 100, which will result in the market rallying up 200 points and finishing unch.

d)And (wishful thinking really) Lehmann's report disaster, Goldman's reports strong, Goldman buys Lehmann's for a song, and the market falls 200, and then rallies 200...which should signify all this rubbish is near the end.

I actually think while option (b) is what everyone who is long would like, option (d) would clear the decks and send the market on a turnaround.