Replies to post #8913 on Lehman Preferred Series "J" Preferred (f

[coach tequila]

Agree 100%...if not a gap open that no one can control...

Classic flag/pennant pattern on the daily Common charts with volume declining into the end of the pattern. Textbook.

This reminds me of the low volume trading when the JPM settlement was posted on the dockets and none of the news picked it up for about 1/2 day. Then boom.

No one has reported that the reorg plan is coming on the 15th. YET...