Watch MER on LEH

[Goods]

The LEH deal may be done this weekend. Gov't is trying to broker with private investors. imo nobody wants LEH unless it's pennies on the dollar. MER is the next in line to get trounced.

I have a few MER short. Not going big because the LEH details aren't out, if it even goes through. Could be a surprise but not likely.

[Goods]

Covered @ 17.50 (+1.39)
Waiting for LEH news to revisit

[Goods]

LEH's cooked. The gov't is trying to push Bank of America into buying MER. This could get a lot more ugly before it's all over. This economy's hanging by a thread.
AIG is falling fast. They're going to announce a restructuring Monday, have to wait and see how it's taken by the market. Getting ready for AIG to be cut in half again if it's nothing good.

If I'm in these stocks, it'll likely be a daytrade as news can change 'em overnight.

[sachsich]

doesnt look good today. could see a lot of things taking a hit. just brings out more opportunities though

[Goods]

Doesn't look good at all, Sachsich. The open today will be brutal.

Look for the gov't to throw in a rate cut to try to salvage something.

[Goods]

small short on MER @ 21.42. Daytrade most likely.

This now trades with BAC. Somewhere between a 85-86% ratio with that deal. BAC goes down, MER goes down. BAC ceo said on cbnc he'd consider a dividend cut.

[Goods]

Covered MER @ 20.26 (+1.14)

Too quickly to post... sorry to anyone following... bought LEH @ .17, sold @ .235 (+0.065) on rumors of someone wanting to buy a piece. That was a huge bounce for that turd