I am not sure about if they follow BSC. I'm just a chart reader, as I don't have insider information. Even if I read many news I don't think I can come up with an exact and correct answer.
So what my does chart say? Well it's very simple. Just look at the daily candlestick of LEH and MER. If you ignore the strong come back last Monday and Tuesday (assume it did not happen), LEH and MER are actually below the closing prices of March 14, Friday.
There are many other stocks and ETFs are at a similar situation. Although not lower than their March 14 closing prices, but pretty closed. Given that there are rumors that LEH and MER may the next shoes to fall, maybe the charts are saying something. We'll see.
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