Goldman Sachs Buy; Open (04/01/2010) Sell; Close (04/01/2010) Stop$167.80
(Previous close is 168.80)
Risks:Earnings estimates have been cut by Meredith Whitney, any bearish statements prior to Q4 season coming up could cause a sharp drop.
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GS currently $172.36. Move stop up, above opening. Hold for tomorrow.
ReplyDeleteGS closed at $173.09
ReplyDeleteIf Opens below $173, around $172.80/90, buying opportunity (if you are not already holding from previous close).
Date Open High Low Close
ReplyDelete4-Jan-10 170.05 174.25 169.51 173.08
Net return 1.78% or 3.03 points