I figure GS has lawyers and will stall any litigation until after Obama is ejected from the White House, at which time everyone will agree to disagree and go back to work.
I seem to be alone, but I think GS makes plenty of money legally (legally in court, not what we might think is legal), and simply never actually breaks a law except by accident (there are lots of laws, and it's easy to break one if you never heard of it).
It's possible that we bounce back up on Monday Dreadwin, but it should be short lived. Look at this chart and look at all the previous selloffs. Once it started, there wasn't any bounce for at least 3 days of selling first.
I would be surprised if there isn't a gap down on Monday, the operators parked the $SPX right @ max containment on the 60 min. The last time they did this was 2.12.
1197-1207 estimate for today (10 points) 1182.75-1206 actual today (23.25 points) Nailed the high of the day. Really missed the low of the day, but knowing about it ahead of time was probably illegal.
I figure GS has lawyers and will stall any litigation until after Obama is ejected from the White House, at which time everyone will agree to disagree and go back to work.
I seem to be alone, but I think GS makes plenty of money legally (legally in court, not what we might think is legal), and simply never actually breaks a law except by accident (there are lots of laws, and it's easy to break one if you never heard of it).
It's possible that we bounce back up on Monday Dreadwin, but it should be short lived. Look at this chart and look at all the previous selloffs. Once it started, there wasn't any bounce for at least 3 days of selling first.
http://stockcharts.com/def/servlet/Favorites.CS…
I would be surprised if there isn't a gap down on Monday, the operators parked the $SPX right @ max containment on the 60 min. The last time they did this was 2.12.
It's not illegal if you don't get caught! LOL. But today them Goldman boys did get caught! ROFLMAO!
I think we bounce back up on Monday and (briefly?) reclaim 1200. I'm planning to short that bounce.
Carl at day’s end:
1197-1207 estimate for today (10 points)
1182.75-1206 actual today (23.25 points)
Nailed the high of the day. Really missed the low of the day, but knowing about it ahead of time was probably illegal.
Trades: No Trades today.
Grade: C (lost no money)
Well boy they sure took a lot today! I don't know if they plan on rallying up some on Monday or not, but I didn't want to be left out if they didn't.
I think the correction has begun…
$DJI closed above 10,996.75
setup triggered
goose is cooked for next week
it's a beautiful thing to watch the operators harvest speculative capital
Incredible how 1 day wiped out 2 months of gains on Goldman Sachs. Now that's how you steal billions of dollars from the retail investors!