GOIH Capital Markets: Goldman Sachs (NYSE:GS), Merrill Lynch (MER), Morgan Stanley (MS), Lehman Bros. (LEH).

We are entering a long position in Goldman Sachs (GS) and Morgan Stanley (MS), Merrill Lynch (MER), and Lehman Bros. (LEH). We are bullish on the brokers going into earnings on next week. We believe the Fed will lower interest rates which will help the investment banks lower their operating and funding costs.