Lehman Brothers beat their number this morning I’m expecting fireworks post Federal Reserve meeting announcement at 2pm. Hopefully it will go my way. Yes the earnings were beat on taxes and not on earnings, but people expected a shoe to drop today from them and they didn’t get it.

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I made a good call on Thursday about the exact low close again. The market sold off hard Friday morning with the indexes down as much as 2% on some. However, by the end of the day the markets rallied back up thanks to some Federal Reserve injections. Its not going to matter though. If [...]

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Bernanke is set to address the Kansas City Federal Reserve’s Economic Symposium in Jackson Hole, Wyo., at 10 a.m. ET Friday. His remarks follow a couple of weeks of rising concern in the financial markets about the slowdown in the U.S. economy, particularly in the housing sector.The Fed left rates unchanged at its Aug. 8 [...]

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