Shhh… Don’t Look Now, But Sotheby’s Is Back To Pre-Lehman Levels (BID)

Sotheby’s (BID) — the auction house whose stock is infamous for timing major market peaks and troughs — is back up. In fact, it’s now above its pre-Lehman levels! The threshold was crossed during this recent up-spurt. If you’re unfamiliar with Sotheby’s and its connection to bubbles, this nice multi-year chart is a nice introduction. As you can see, we’ve still got a long way to go before pre-Bear levels. Join the conversation about this story ?

Read the original post:
Shhh… Don’t Look Now, But Sotheby’s Is Back To Pre-Lehman Levels (BID)

Related posts:

1. Report: Lehman Brothers Used "Accounting Gimmick" To Hide The Size Of Its Balance Sheet
2. Yield Greed Virulent As Junk Bond Fund Flows Hit Record Levels
3. Chris Dodd Calls For Criminal Probe Into Lehman Brothers
4. Chris Dodd Calls For Criminal Probe Into Lehman Brothers
5. Three Must-Read Items On Last Week’s Treasury Market Mauling

Tagged as: auction, conversation, crossed-during, market-peaks, nice, story, the-auction, timing-major