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raytayzmd » Comments » CROX

  • Why This Rally Is Unsustainable [View article]
    ...gosh, that was a lonnnnnng analysis!...I like them shorter like this one from March 30:

    "I see massive selling in Goldman to begin soon, as well as a potential credit rating cut. Technically, Goldman is in a rising channel, like a long-term bear flag, and a breakdown at its channel support line should lead to drastically lower prices. It broke its 50DMA on Friday on strong volume, suggesting the selling is approaching quickly. I expect it to really pick up later this week and for Goldman to be trading in the $50 range by the end of the month.....Disclosure: Short GS shares, long GS puts."

    ...HAW!...but you just keep talking, son!...I'm sure one of these days you're going be right.
    May 01 12:07 pm |Rating: +28 -21 |Link to Comment
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