GS tanking new lows,financials weak...rally is doomed here

Discussion in 'Trading' started by dsq, Nov 10, 2008.

  1. dsq

    dsq

    gs down 5pts at 72...cant beleive this rally holds
     
  2. ctheo1

    ctheo1

    could it be that buffett has made a mistake like joe lewis and all these sovereign wealth funds? time will tell. price action is very negative though.
     
  3. Well, not a mistake, but he is early. Some say early is another word for wrong. :D
    There was an interesting article I read the other day showing the dow priced in different ways and from that analysis it could be seen that buffett is buying into GS about half way through this bear. He is long term though and I think long term GS will pull through ok.
     
  4. Globalist's have sent a "Thank You" card to old warren.........you tried to end rich and we thank you for your contribution! :) BTW, you can always "double-down" if you would like! :D