Despite today's 200 point DJIA rally, GS looks terrible:
GS Daily Trend Model
GS 60m Trend Model
8 comments:
Anonymous
said...
Come on Allan. You know as well as every other person on the planet. GS are crooks and people are tired of taking it. China hates them and China is all about China. F**K GS. Hope they go to hell....slowly though so as not to wreak havoc to the market.
Come on Allan. You know as well as every other person on the planet. GS are crooks and people are tired of taking it. China hates them and China is all about China. F**K GS. Hope they go to hell....slowly though so as not to wreak havoc to the market.
What do you make of MON's chart? They be turning around? Assuming that one believed this, how would you recomment playing it if one was considering a simple call option play.
You may not like GS but they are the best and most profitable Wall Street firm.
Whatever the witch-hunting and bad PR that was done, their penitence, the fine, will be less than the $30 billion in market cap they have lost from the recent highs.
I bought some yesterday, $2 off the bottom and with a stop just below the $131 low. I see this trade as one with minimal risk and potentially great upside.
Actually, the GS chart looks like its leading the market index charts...and has been playing out its wave 5 already. The wave structure from the top looks more clear than the indexes,especially void of the ambiguity of the wave 4 area that shows in the indexes. It has made a new low below the wave 3,so its safe to call current structure wave 5. when it bottoms,I would expect GS to turn on the super computers at precisely the right moment and lead the rally back up to an appropriate correction,in the S+P 1125 area.
8 comments:
Come on Allan. You know as well as every other person on the planet. GS are crooks and people are tired of taking it. China hates them and China is all about China. F**K GS. Hope they go to hell....slowly though so as not to wreak havoc to the market.
Come on Allan. You know as well as every other person on the planet. GS are crooks and people are tired of taking it. China hates them and China is all about China. F**K GS. Hope they go to hell....slowly though so as not to wreak havoc to the market.
This is what I know. We are here to make money. Look at those charts. How can you not make money?
For every ailment under the sun
There is a remedy, or there is none;
If there be one, try to find it;
If there be none, never mind it.
~ William Warren Bartley, III (USA, 1934–90)
Cecilia Bartoli sings Alessandro Scarlatti; paragliding in the sunset
Ezekiel 2:4-5
What do you make of MON's chart? They be turning around? Assuming that one believed this, how would you recomment playing it if one was considering a simple call option play.
You may not like GS but they are the best and most profitable Wall Street firm.
Whatever the witch-hunting and bad PR that was done, their penitence, the fine, will be less than the $30 billion in market cap they have lost from the recent highs.
I bought some yesterday, $2 off the bottom and with a stop just below the $131 low. I see this trade as one with minimal risk and potentially great upside.
H.
I heard that GS and BP are in merger talks. That way we can better focus our hate and not have to risk collateral damage.
Actually, the GS chart looks like its leading the market index charts...and has been playing out its wave 5 already.
The wave structure from the top looks more clear than the indexes,especially void of the ambiguity of the wave 4 area that shows in the indexes. It has made a new low below the wave 3,so its safe to call current structure wave 5. when it bottoms,I would expect GS to turn on the super computers at precisely the right moment and lead the rally back up to an appropriate correction,in the S+P 1125 area.
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