Dan Zanger shorting Goldman Sachs in a big way...

So you got lucky , but since you don't tell us if you took a small ,almost meaningless profit, or got stopped out at a loss when it spiked to 151 , we can't trust the exit.

ET has a strict rule that after the fact fills are not considered valid for contest purposes.

Zangers short is still deeply underwater.
 
Those who shorted friday near $149 are stuck or covered. so far i see no "technical" reason to shrot yet as all the smartest on this board said
 
This was a dumb short at best. Im not impressed with Zanger or the op.

These are the guys that tell you how much money they make, but when actual realtime plays are posted you wonder how.

GS killed , but everyone knew the numbers so only a few dolts were left to pay up.
 
This is whats called in the trading world an inverted dead cat bounce. Your stock gaps up 5%, you sell it the next day and look to buy back in within 2-3 weeks.

Honestly, how many times have you traded a stock, it gaps up and then comes right back down. There is also a stiff overhead resistance.

Some of you guys I can tell are weak hands and dont really trade that much to know these things. I can suggest a few books for you...

Now Goldman is weakening and breaking down. I expect at least a 20-30% downdraft in the next few weeks. I will cover in a few weeks...

Quote from stock777:

This was a dumb short at best. Im not impressed with Zanger or the op.

These are the guys that tell you how much money they make, but when actual realtime plays are posted you wonder how.

GS killed , but everyone knew the numbers so only a few dolts were left to pay up.
More...
 
i'm short from earlier in the afternoon.

i don't think it's dumb at all.

i've got my stop in place, of course.

(edit: i'll be out by end of day because i'm primarily a daytrader, but when it can't hold the gap on "great" news, it's usually a really good short. same on the reverse scenario...)
 
Interesting. Yesterday you were only willing to lose 20 cents, but today you let it run over $1 against you.

Interesting.
 
Quote from suriNotes:

GS Daily Chart with ABC Pattern & Price/Time Cycle...


Regards,
Suri

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Suri,

excellent call.

:)
 
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