Wednesday, September 13, 2006

Wednesday's Pre-Market

The market is poised to be opened mixed today with the Nasdaq tech index higher. Yesterday's run-up is probably due to the higher consumer confidence number because of the recent lower oil prices, which is getting closer to $60 per barrel. In the short term, I believe it should be a good support $60 per barrel for price of oil.

Lehman Brothers Holdings (LEH) topped analysts' expectations this morning, this should bode well for the financial sector.

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