Chris Krasowski

Trouble In Paradise? Goldman's Flagship Alpha Fund Reportedly Down 16% in '07

Yes I am long the stock and I believe it will be a strong holding. The reason that I mention that buying opportunities may seem to appear is due to overall market uncertainty.
You can recommend the greatest company in the world, but if the markets dives on more subprime fears that effects everything and Goldman is not immune.

I already hold long positions in Goldman but would've been adding if I could in the 190 and last week's 170s brief touch. The fact remains that the market has a strong tendency now to be choppy and will continue that way until there is some light at the end of the tunnel to this credit mess. So as good of a company as Goldman is, it may be under pressure with the rest of the market. But for the longer term I believe these pressure points on the stock present opportunities to own now and hold for the year(s) to come.

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Chris

Goldman Sachs vs. Morgan Stanley: Battle Of The Banks

A little clarification to readers. The 52-week high for Morgan Stanley of $90/share is taken before it's end of June partition with the Discover brand, which paid shareholders a $14/share dividend.

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Chris
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