A Continuation Lower or a Bounce?

Goldman is likely to report a loss of at least $5 a share which is five times the current analysts estimate. Aren’t those analysts just phenomenal? DOW futures are up around 134 and seem to have been stuck there for the last hour. It will be interesting to see if the bulls have any interest at all in buying “value” here. They’ve been beaten like a drum every time so far.

The auto guys bring there plan to Congress again. I wonder if they took the Gulfstream?


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  • Joe Donohue

    Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »

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