Hi, Does anyone think GS is a good short at these levels for the short term ? On the contrary, does anyone think it is a good long term buy ? Personally, I feel that there is too much uncertainly associated with this company and would not feel comfortable buying it other than for day trade. Thanks.
I do think that SKF is a great buy around 100. At the same time you might buy DIG which is a proxy for energy stocks. There is a high probability that oil has bottomed according to the volume on friday. So energy sector should outperform financials near term (say 3-6 weeks)
How far do you think oil will go ? It is still in a confirmed downtrend. Will financials continue rallying meanwhile ?