Wether you think Lehman's is priced in or fundamentles for financials are improving, the fact is the market has formed a normal bear market top (US) and is breaking sufficently from it.
There is little more to it then that.
If it is a low, it would be the weidest low in US history.
what comes next, page-72
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Last
8,092.3 |
Change
139.100(1.75%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,953.2 | 8,092.3 | 7,952.8 |
| XJO (ASX) Chart |