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Lehman Brothers may write off $4 Billion in 3Q, JPMorgan Chase says; Lehamn Brothers may sell part of its investment management unit, WSJ reports; Fannie Mae & Freddie Mac shares plunged to lowest in 18 years; Barcalys would consider US Weath-Management

** IFYOU LIKE THE VIDEOS PLEASE SUBSCRIBE TO THE VIDEOS AT AskChrisHeTrades YOUTUBE CHANNEL** WATCH IN HD FOR CRYSTAL CLEAR VIDEO. YOU CAN ALSO WATCH IT AT STOCKTOCK.COM AND ASKCHRISHETRADES.BLOGSPOT.COM ChannelGuyTrader.Com Coming Soon** I’m sorry I forgot to show the key levels on the intraday spy 15 min chart that you should watch for the morning session. I also forgot to show you guys how the daily channels were setting up on the SPX. I will have these two pictures posted on the blog site @ askchrishetrades.blogspot.com. One thing I want to bring to you traders attention, is that we held above the 50% like of the downward channel. We are still above the fast line from the push we got the other day. So either way we are at a key area tomorrow for a push higher or a definite break back to the lower channel. That key level to watch is exactly where we closed at so you can expect a gap up or gap down in the morning and a good movement from there. If we break that level I say 1045 Mondays low is the next support level. Enjoy!!

More details at – forextradingeasyway.com

Sony Posts $390.5 Million Loss in the first quarter www.nytimes.com 1200 RI businesses face closure over sales tax www.projo.com May-June joblessness up in 90 pct of metro areas www.google.com UN program to save children failed www.msnbc.msn.com Durable goods orders tumbled in June www.msnbc.msn.com Governor’s cuts could be challenged in court www.sfgate.com

Alex welcomes back to the show author and journalist Nomi Prins, who will talk about the economy, the seismic debt increase and Treasury Secretary and former Federal Reserve honcho Tim Geithner. Before becoming a journalist, Nomi worked on Wall Street as a managing director at Goldman Sachs, and running the international analytics group at Bear Stearns in London. Her latest book is It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street. www.nomiprins.com www.infowars.com www.prisonplanet.tv www.infowars.net www.prisonplanet.com

Hear What the Leaders said about the Islamic Insurance Industry 5th Annual The World Takaful Conference 2010 Dusit Thani Dubai, UAE

www.financialwomanalliance.com Financial Woman Personal Investment Tips. Camille Gaines shares personal investment tips to help you with all your money matters.