I have become convinced that Morgan Stanley is the key stock to watch in this market.
It is the weakest of the investment banks and could be the next Lehman. I think if one of the global TBTF banks has to be sacrificed to appease the angry Greek gods it's going to be this one. Interesting anagram side note: Morgan Stanley = Monetary Slang
From Reuters: Morgan Stanley details effect of possible downgrade
MORGAN STANLEY
DOW JONES INDUSTRIALS
VOLATILITY
US DOLLAR
