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This is a good thread. Essentially, all the comments are valuable and highlights the reason why we have markets. My two cents worth is that before trading a "method'', that after adequate backtesting has been done that the method not be applied , in real terms, until adequate forward...

I'll be there on Monday...I'll keep my eyes open:p

Good effeort...a profit is a profit ..is a profit....and you will never go broke taking them.

How can there be a support level when LEH don't even know their real value? Sit on your hands until the next set of financials and hopefully there will be some light at the end of the tunnel.

About time!!!

The mutual funds suspected Einhorn was right and that LEH never came forward publicly to challenge Einhorn...if he was wrong they could have broken him, but they knew he was right and the "game" was up. LEH will never have any creditabilty while they have their senior management...

Well then , it will simply prolong the inevitable...weaker financials.

HaHa....I do shop at Costco and also get my gas there,too. I haven't lost a thing in the way of house values, because I couldn't be bothered moving when the prices went up as I would have been having to upgrade to a "bigger,better house and location" and for what? More expenses and , believe...

I live in Palm Beach county and I wouldn't have the guts to look at Zillow or any others for that matter.....will just wait for the next tax assessment ... Anyway, I'm not going anywhere soon ,so it doesn't really bother me that much.

I am computer illiterate.... And there was a time when I experienced a number problems with the feed....it turned to be a bug in my " internet interface card' that required me to do a complete reformat.... Hope this is of some use to you as a possible problem area...hope it isn't though.

Are you using Vista or XP?

Please keep it a secret......

.....which gets back to my point about education.

Line one should read "now" not "not"

It will now upset a lot of people that SE Asians and other third world countries are not eating 2 meals a day instead one...that trend will not be reversed. Costs of food have simply got to go up. Outsourcing is nothing new...IBM has been doing it since the 80's...China is alreading doing...

Nice trading.

Send the mob around to him to convince him that he has been messing with the wrong people...in the meantime.... Send a $100 to the Salvation Army for your stupidity thinking that others are smarter than YOU....for Christ sake !!!!!!

The simple fact is that LEH simply played fast and loose with inherent benefits of the current accounting rules. They were TOO cute and it simply cannot pass the "common sense " test. My gut feeling is that they , and others, have adopted a serious calamity of defaults in commercial real...

Thanks, Ranger....had a feeling there was a solution.

I will wait until they have dumped their dividends, except USB.