Big Day for Bulls?

Yes!

Until it isn’t.

I am watching Goldman Sachs right now. I bolted at $178 per market on the rate cut announcement. The stock now closed a few weeks later above the $178 at $180. It could preannounce and open at $150 tomorrow, but are we not expecting that? Is that not facored in?

I think so and as long as Goldman trades above the $178 I am feeling good from a trading perspective.

Long-term, we are all soil food. This was a big win for the bulls today.

Posted on September 4th, 2007 | Category: Goldman Sachs | Comments
  • it was evening all afternoon and all hell has broken loose... every time someone on cnbc says anything about september historically being the weakest month, we down a shot of bourbon!

    ;)
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