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S&P 500: 1,340.35 Change: -0.84%
TickerBandit
P&P Score: 73.14 | Points: -9.54 | Accuracy: 71.18 | Average Pick Score: 2.44   Annual Return: N/A  
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Commentary
BUY: GOLDMAN SACHS GRP (GS) Rating: 2
Start Price: $192.28
Points: -14.47
Created: 10/14/2009
I already own this ticker RM but it is a buy here as well. I think Mo is correct. this is good bet. I am going to trade this ticker in P&P the same way I suggested in Mo's blog.

People you need to understand what a good bet is. A good bet has a good probability of continued upward price movement. Alot a people confuse a good bet to mean a bet which wins. Simply false. Some good bets lose. Some bad bets gain. Good bets stand a good chance of winning. GS IMHO meets that criteria.

7 Comment(s):

Author JoeJustJoe     Date 2009-10-26 11:46:39
Hey! That's quite the open bored o'pix ya gots thur. Are you 'sure" we are in an uptrend? :-) Here's "hoping" you reach yer desired goal of breaking belowst 3% per pick today....altho I "doubt" you'll catch Mighty Mouth. He's always gonna be "slightly better" at buying tops than you are >>> :-( 3J
Author TickerBandit     Date 2009-10-28 16:30:39
He He He. I saw you "panicked out" of a bunch of yur chorts. 3J. I'm currently plotting my buys as this will be over in a few days. Funny how you chickened out of a bunch of your chorts. Rightly you should, the bull market is not over.

As fer me opens. Yeah I should have sold them all a long time ago. Even so, they are all going to give me points in the long run and I'll be entering more picks later. Cya ... wouldn't want to be ya! TB.
Author JoeJustJoe     Date 2009-10-28 20:50:09
Did you notice how my "inny" became an "outty" too? :-) ....after the "proper" adjusto is made to me UIS play of course. :-) Just makin the moves necessary to assure that I remain the BIG kahuna o'this fine establishment....thaaas all. Methinks I only have about 3 to 10 picks left on me open chorts that aren't showing confirmed tops so you are "correckt" ....you will hasta be selective. Gonna be intrusting to see whatcha come up with. "Hopefully" you won't be like Mighty Mouth who got so pee-a-zissed that he was soooooo incredibly wrong that he put up a bunch more crappy pix that have no chance atall today. :-) Can you believe I am chort the ole FAZoo now? >>> WOW! That's what I'm sssthinkin. Yer sssthinkin this right cheeeya >>>> Dang that 3J is the best that's ever been! *-) 3J
Author TickerBandit     Date 2009-10-28 21:19:57
While I see a rally coming some time in the next 4 days, I am rather skeptical of it, particularly, the sooner it comes. I've been spared the brunt of this by getting out when I felt compelled (except for those things I am not selling which have been hedged covered call). See http://tinyurl.com/ykcrqjr.

My gut tells me we sell into the opex week in November before a rally takes us to new highs. But I would still buy a reversal and see where it rallies to before failing. But I also short the failure if a lower high so plenty to keep an eye on.

Oh BTW. When you finally get a "nub of a score"... one "big enough" ... so it cannot be mistaken for something that begins with "cl" and rhymes with "hit" .... then and only then ... will I sssthink that you are better than you were! *-)
Author JoeJustJoe     Date 2009-11-02 12:54:02
Maaaayun you made some trooly crappy picks for the last rally that snookerd ya. It "appears" that besides picking stocks that are about to crash n bern offa unsustainable bubble tops you also have a nasty tuff time picking chit up offa the floor! :o Not a GOOG thing atall. "Luckily"for you ya learnt enuff from yer own Miss Takes that you will just plain staaay awaaaaay. You were the guy GS wuz talkin about whenst they said they wuz havin a tuff time getting money to come off the sidelines....wasn't ya? :-) BTW, watch me werk my majic in FAS n URE. Like me sed ba ba bafo...I ainna bull...I ainna bear....I'm a chameleon. :-) 45%+ upside in botha URE and FAS once I get involved. *-) Doanchu wish you were the markets like I am? :-) 3J
Author JoeJustJoe     Date 2009-11-18 16:13:00
Yo! Ya better call EMS for EMS! YIKERS! :o Hang in thur on the ole FAZoo....I'll save ya! :-) 3J
Author JoeJustJoe     Date 2009-12-02 11:19:32
Yer "final" rally in this POS that is GS will be getting started any minute now. Doanchu werry bout riding the ole FAZoo down into the low $18's...minimum. I'll be thur to save ya *-) Nooooo waaaay you will git even on yer GS trade and I certainly "hope" you ainna holding in real $$$ still. It'll be intrusting to see how fer down you hold in funny money tho. Whenst (not if) it hits $40 dollahs and you are still holding I'm wreckin it twill be best to do as you have decided to do...ignore me. LOL GS now at 165.78...I'll be sending in the hooooooounds....gulp! :o 3J
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