Contrarians take note - surging Treasury prices have taken out the stop-loss for Goldman's bond...

Contrarians take note - surging Treasury prices have taken out the stop-loss for Goldman's bond short trade and the firm is recommending clients cover and take a big loss. Goldman remains bearish on Treasurys, but takes note of Europe - "an important headwind to our directional stance."

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Comments (7)
  • schatzl
    , contributor
    Comments (391) | Send Message
    The only thing contrarian are G.S. "recommendations". Do the opposite from what they suggest and you should do fine.
    11 Apr 2012, 07:25 AM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
    They do fine....but I think their story is falling apart.....with the internet it is becoming old news...
    11 Apr 2012, 07:37 AM Reply Like
  • Ted Bear
    , contributor
    Comments (705) | Send Message
    They got their 'house' position right.....created selllers when they wanted to get long. Now they are out, made a killing, and it is time for the muppets to cover and for Goldman to get short again.


    It's okay...anyone who follows them is a sophisticated player who knows what they are doing......with YOUR retirement money.


    (How funny is that.....just as i was typing, my TBT long purchased ystdy got lifted!!!)
    11 Apr 2012, 07:45 AM Reply Like
  • cabmaker
    , contributor
    Comments (198) | Send Message
    I couldn't agree more to do the opposite of what they say. GS fill there pockets while we react to their recommendations
    11 Apr 2012, 07:58 AM Reply Like
  • lbtrn
    , contributor
    Comments (3) | Send Message
    Oh, that's what Goldman says. Great, I'm doing the opposite. They took my money once, never again
    11 Apr 2012, 10:15 AM Reply Like
  • dieuwer
    , contributor
    Comments (2939) | Send Message
    "Muppets", remember?


    Edit to add: if GS still has any clients left, those clients are either a) dumber than a donkeys ass, or b) masochists that love the lose money.
    11 Apr 2012, 01:04 PM Reply Like
  • amwahl
    , contributor
    Comment (1) | Send Message
    is this good or bad for TLT ??
    11 Apr 2012, 02:46 PM Reply Like
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