go short GS monday morning - no way they are "smartest guys in the room"

Discussion in 'Economics' started by chewbacca, Nov 4, 2007.

  1. is there goldman news tomorrow?

    im quite bullish at the moment and just want to make sure there isnt some random news that could kill me in the middle of the day
     
    #11     Nov 5, 2007
  2. #12     Nov 5, 2007
  3. moo

    moo

    Indeed. How can any outsider tell what's in their portfolio?

    So what if GS has the most junk (=level 3), if they have overhedged it? They could have sold more than enough ABX derivatives to hedge all their crappy mortgage CDOs.
     
    #13     Nov 5, 2007
  4. This is the worst time to go short
     
    #14     Nov 5, 2007