Posts Tagged ‘lehman’
Review of 2008 Predictions a la Wall Street’s “Finest”
Tuesday, November 25, 2008 21:35 No CommentsAs of 01/02/2008 the the year price target on the S&P 500 set by the Chief Investment Strategists at the major investment banks are as follows:
Strategist Year End Price Target
Citigroup 1675
HSBC 1700
Credit Suisse 1650
Bank of America 1625
UBS 1700
Morgan Stanley 1525
Bear Stearns 1700
Goldman Sachs 1675
JP Morgan 1590
Lehman Brothers 1630
Wachovia 1590
Merrill Lynch 1525
Average 1632
Average [...]
Charts of the Week
Saturday, November 22, 2008 20:12 No CommentsNo sign of a bottom! The S&P 500 Index has violated it’s 2002 lows. The financial sector remains in free fall. Hartford Insurance appears to be the next AIG, and Citigroup the next Lehman.
The Dow Jones Industrial Average is coming close to it’s moment of truth, a test of it’s 2002 lows. A breach of [...]





















