Batten Down the Hatches Folks: September 14th, 2008

September 14, 2008 – 8:19 pm

We will be in for a real treat tomorrow. A hurricane is coming to Wall Street and it looks like its going to be a category 8 storm with 900 mile an hour winds. Dow futures are currently 260 points off, S&P futures are currently 31 points off and NASDAQ futures are currently 37 points off. Lehman Brothers are about to file for Chapter 11, Merrill may get bought out and the financial markets are shaken even more. If Lehman does not get a buyer, this will be the catalyst we need for a fire sale on Wall Street. I have a grin larger than the Devil himself right now….

Thanks for reading.

-Justin Moon, Senior writer for Marketchasers.com

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