Goldman Head Of Equity Strategy David Kostin Sets Stage For FYE 2011 S&P Downgrade

Tyler Durden's picture

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oogs66's picture

Great, but Abby Joseph Cohen is probably still calling for 1,600

LawsofPhysics's picture

Watch the "consumer staples" explode into a bubble.  Someone actually gets paid to make this shit up?

rocker's picture

+10    Thanks, never say this one before.

ZeroPower's picture

At least they're removing the overweight C, BAC, JPM et al. trade from their reco's. All it took was JPMs earnings, no biggie.

slaughterer's picture

Wouldn't we agree, that it is the perfect time for GS to announce their gold/silver downgrade? 

gwar5's picture

The market has been surreal, living off fumes anyway.

What's Robottrader say?

chinaboy's picture

The hard part is that you cannot figure out if it is buy or sell. I guess Goldman should change their format. Just tell us the TRADES they are doing so we don't stand in their way.

Canucklehead's picture

QE3 is guaranteed.

There is no need to sell it by driving the S&P down.  Look, both parties are attempting to sell a $350 million budget cut as a $38 BILLION budget cut.  I expect they will succeed.  That action will show there is no need to "package" QE3.  They will just lay it out there in the late summer (same as last year) and buy all the votes they can get for 2012.

Wait one month then BTFD.

Logans_Run's picture

Someone should do a study to figure out how much Goldman steals from each American family with all of their various prop strategies. Could it be said that GS profitability represents 70% of the inflation we are all experiencing?

Your Mama's picture

Can I short now that I have

Goldmans blessing....

NOTW777's picture

their oil call lasted 2 days

chunga's picture

Is this the same Goldman Sachs?

Greed, Lies and MBS: “There’s No Question Goldman Did Exactly What Sen. Levin Said,” Cohan Says

The Lloyd committing perjury? Betting against their own "shitty deals?" I can't believe it's true.

Hell..we might as well foreclose on the whole country.

Fun video at link...

doubleplusgood's picture

gold and silver (and the USDX) already know what's coming. I guess everything else will come down, so we can learn to love our leader (Bernanke) while they print with love. Love Big Brother. I enjoy watching the telescreens at the Victory Cafe. I keep up on the fighting on the Libyian front.

It's doubleplusgood.


MX_DOGG's picture

So just BTFD then??

long juan silver's picture

Going south of 1100 is not a dip, it's a face plant.