Stock Market Analysis - 09-12-2008

September 15, 2008 · Filed Under Broader Market · Comment 

SPY Daily Chart

A lot has happened over the weekend again.  This time it’s the collapse of Lehman Brothers (LEH) and Merrill Lynch (MER).  LEH is gone, but MER will likely be bought by BAC.  This should be another exciting week (more so for the bears of course).