Goldman Sachs (GS) Forecast 06-06-11

I commence with my gratitude to The All-Knower

Goldman Sachs (Symbol:GS) has been forming a special pattern, which it has been following since October 2010. Based upon the past, the future can be predicted up-to a great certainty. Once it breaks the current price level then it is ominous for GS and If that pattern is still being followed, which I am sure that it is,.... then GS is going down to $120 and then $100 levels.

Market Update 09-15-10 (GS Forecast)

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Markets have stopped trading higher, since my Forecast-ALERT issued on Sept 13. Plus, as some of the readers have correctly pointed out that we are getting a lot of wild-swings moves since the forecast prior to the Sept 13th.

Today Goldman Sachs (symbol GS) confirmed my analysis, not only GS shall head lower, it shall act as a leading indicator of the markets' direction as well.

GS Outlook - UPDATE

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GS has acted, in tandem with the Markets, thus we have bullish perspective (along with other leaders of the markets, e.g, GOOG, AAPL, etc.)

GS Outlook

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GS has to break below the today's open to reverse bullish perspective of it. Close above $148 is bullish for the stock.

Some Stocks to Look at

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Now let's look at some the stocks, setting up for a big rally:

Stock to Look at

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I was looking at this and APOL, the Apollo group, is ready for big move. and IMHO, it is most likely to the downside. Other stock, to watch, is GS GoldmanSachs