Billy Ford

Goldman's Macro-Bulls Out in Full Force

TA: Comments (382) FollowWithout fools like this, who would there be to take money from?
Enjoy your stupid bearish bias, too bad it won't pay the bills.

Only morons fight the trend, and right now it's up till it's not.
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Which trend are you speaking of? From march? Ok..nice chart.
I am all for a trend, but this is a trend for disaster. You can say and believe what you want, but in reality, this trend is not at sustainable. You want to look at a trend, plot a line from Oct. 11, 2007 to today....That is the trend I am sticking with...I might possibly put money long if: (oh wait, i am long..long SDS)

Foreclosures were going down
Houses were selling in my neighborhood (and I live in Texas, where we are actually on the stable side of things)
Fannie wasnt asking for billions more
banks werent going under every week
A job report was actually positive and not just "less worse"
I could go on and on and on.

We wont even need a catalyst for a major pullback, one day the big boys pulling the strings will hit the sell button, and it will fall like a house of cards..we may not reach the lows, but we sure could lose 200, 250, and even 300 without even batting an eye...GL to your trend..let me know in a couple of months how that worked out for you.