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LOL. You are so right. "They" are assholes.

GS has decreed that S&P will hit 1350 by midyear. Why on earth would anyone sell until that mark has been reached?

yes

yep. i think one would be foolish to ignore this, given its source. of course, it's a game of musical chairs ... and gs is manning the record player

The GS playbook 2010 ... public edition

did you poll them?

good luck to you.

Isn't nice to know that there are a few things in this life you can count on?

They won't

here comes the obligatory blast-off

ok, so i haven't been doing this for very long but ... i see that this will be the 11th consecutive UP opex -- far and away the longest unbroken string of UP opexes in history. I see lots of gaps left open -- some of them intraday i see a pattern whereby sideways consolidation...

imagine what the indexes would be doing if the numbers had been good

http://www.ft.com/cms/s/0/1df484d4-fbc7-11de-9c29-00144feab49a.html

anything but a sell-off, that is. my question from -- Tuesday, was it? -- still stands ...

not hard to do at all if you print your own "assets" and devalue your liabilities accordingly

what is one to conclude?

once again, es fighting the others with everything it's got. but, somehow, I hear the words of the immortal scotty in my ears .... "i'm givin' her everything she's got captain. but i can't keep her together much longer!"

Ok, I'm not sure that it's puzzling...if institutions, for whatever reason, didn't want the big selloff to happen yesterday, the most effective intervention tool is the es, isn't it? Why does a breakdown now need to be a runaway type of it's going to happen? Am I not understanding...

http://www.nytimes.com/2010/01/07/world/asia/07scholar.html?hp ... although perhaps too corrupt to truly succeed?

"Investors shrugged off news that New York City had had been vaporized and focused instead on better-than-expected earnings from Intel."