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calling another monster top


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#11 Cirrus

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Posted 14 January 2007 - 09:36 AM

around 220 +/- 5


I believe goldman will be one of the most injured institutions during the coming crash

i wont give the target on this but it is in mid to low double digits ...



GS may get hit when a correction comes--not that hard, though. You're forgetting some important factors. These massive institutions, as in GS, basically are the Fed. Do your own research. Moreover, GS has plenty of ex-execs at the highest level of government. Don't misunderstand me, I'm not trying to be conspiratorial here. I'm just objectively observing the evidence, both circumstantial and direct.

I think the dollar has to get slaughtered before GS gets hammered that bad. Actually, if a crash came I would wager plenty that GS would be short. They're the largest hedge fund in the world and they make big coin every quarter trading the markets for their own account. Interesting that their profits come regardless of market direction.

#12 spielchekr

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Posted 14 January 2007 - 10:49 AM

Hip Pocket

#13 eminimee

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Posted 14 January 2007 - 11:10 AM

CLK...not on shorter term charts...ie less that 1.5 years or so. All my longer term charts are log.

#14 CLK

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Posted 14 January 2007 - 04:10 PM

CLK...not on shorter term charts...ie less that 1.5 years or so. All my longer term charts are log.




Thanks.


Btw....some great runs you caught with the calls.

#15 dcengr

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Posted 14 January 2007 - 05:36 PM

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Qui custodiet ipsos custodes?

#16 cgnx

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Posted 14 January 2007 - 06:35 PM

This stock is not a stock to short. This stock when it hits $500 will only have a p/e of 25 or so. Short it at yer peril. That's if it hits 500 next week. :blush:
If it can be cornered, it will.