The market should rally on the hope GS and the too big to fails finally implode under the weight of their world crushing fraud.
The G20 should build a firewall around these entities and allow them to burn themselves out while they focus remaining resources on minimizing collateral damage. All JMHO; do you own DD.
Don't forget further credit restrictions on CCP real estate. Commods/base metals will continue to get smoked. This is why manipulated, pump and dump markets are so dangerous. Once the boys decide to hit the exit's, it's all over. And I sure as hell don't think Goldman is going to continue to play....
Poppycock...people have been saying that for months...including myself. Its all hogwash. There is 3 trillion bucks bucks on the sidelines couirtesy of the retail investor still scared to get back in. Until most of that is utilized in some fashion within the market, there is no way in hell we have a reaction like you have decribed...SO THERE!!!
If Market really cared about GS, it would have gone down by 500 points on Friday, and it did not. GS went down will not cause financial crisis like what we had in Sep of 2008, and actually it will be good for the future financial industry , and from that angle, Market will recover big time on Monday.
krackerhead HFT algorythem projections: DOW 4398 SnP 420 NAZ 714 RUS2K 286 . good luck everyone, The Abandoned Black Baby Candlestick is a rare bearish reversal pattern characterized by a large move up followed by a doji or small candle, and then a third candle heading in the opposite direction. Not becuz it is easy, becuz it is hard. We want major break thru's but we gotta do it in a smart way. All I can say is dont be like Gene Cerna, "the last man on the moon" YO !