Tuesday, July 20, 2010

GS Outlook

I commence with my humblest gratitude to The Most Benevolent, The Ultimate Knower

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

2 comments:

Luc said...

do you still think that shorting AAPL tomorrow is a good idea ?

or instead bull trap we got bear trap and we should buy calls ? which doesnt look like a good idea after such a sharp rally up

thanks for any advice !

Anonymous said...

Mr. Syed,
These are interesting market moves. You've warned of a bull trap. Now bullish signals seem to be confirmed. I can't wait to see how you are assessing this.

Thanks!
Jim