Recent content by ktgtrader

You can tell most of the time, if there is news on a stock, or index most of the time. There will be a price and volume spike. If there is no spike it wasn't that important. I still like knowing whats out there on the stock though. I hardly ever trade without some sort of internet news open...

Could it be equally possible that you work for another said guru... Que Twilight Zone Music.

I said in a previous post, You can take a bj, or poker player and turn them into a trader. Yet. You would have much better success taking a trader and turning them into a poker player or blackjack player. The money management skills that you learn from trading lend greatly to games of chance.

All markets are. I think it would be healthy for, us to consolidate in the 13-17 range for at least a few weeks.

Thats probably not a bad thing considering it usually fluff.

Why so much hostility? First of all, Trading is not and will never be a game that you can follow someone and duplicate success. The hope that it can happen, is why the people that make money selling systems that don't work get rich. When, a trader you realizes this they stop being just...

Bears can't short em into the ground, now they have launched an analyst downgrade campaign.

Bloomberg reports that Deutsche Bank's Mayo cut his LEH Q3 loss est to -$2.68 from +$0.33 (consensus $0.00). Deutsche's Mayo also cut 2008 and 2009 ests, and sees additional mark-to market losses. Firm cut their LEH tgt to $32 from $42.

Oil rises on mixed dollar VIENNA, Austria (AP) -- Traders bid oil higher Wednesday amid mixed signals on the strength of the U.S. dollar and ahead of weekly U.S. crude inventory data expected to show a slight increase in oil supplies . A weakening dollar has helped boost oil prices...

That was just for the day.

I agree, it makes no sense other than to jump get in on the beat down. Nobody wants to be the guy defending GS, today at least. Well someone will, in a few weeks after they pick some shares up on the cheap.

They are now screaming "The commodity trade is dead, the commodity trade is dead" Buy financials. Next week. "Financials are doomed buy Ag." Rinse and Repeat. www.theoddlot.net

Anybody still interested in GS? Not new news but there have been multiple downgrades and haven't seen much talk about it in here. Credit Suisse lowered their est. but they still have a $250.00 price target. Basically what the analysts are saying is Goldman is worth much more, but sell here...