even the printing press has a big bear divergence now...and short small and looking to add on rallies.
http://stockcharts.c...1136&r=7177.png
GS
Started by
tommyt
, Nov 02 2007 10:18 AM
4 replies to this topic
#2
Jnavin
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Posted 02 November 2007 - 10:49 AM
GS chart is speaking to me. It says "No more rate cuts."
#3
kaiser soze
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Posted 02 November 2007 - 11:05 AM
GS chart is speaking to me. It says "No more rate cuts."
I just joined you guys on the dark side.
#4
Jnavin
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Posted 02 November 2007 - 01:00 PM
I'm not on the dark side, kaiser. I'm out of GS, that's all.
No more rate cuts with GDP at 3.9% and steady job growth makes sense.
Whether the market figures it out or not, I don't know.
#5
JAP
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Posted 02 November 2007 - 04:10 PM
GS chart is speaking to me. It says "No more rate cuts."
Good one.I wonder what got it from the $225 area to $250 while the BKX was starting to trend down?... Speculation of a rate cut? Seems to me that Paulson would keep his boys more informed on such things.
