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

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Thu, 04/14/2011 - 16:09 | 1170074 oogs66
oogs66's picture

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

Thu, 04/14/2011 - 16:10 | 1170088 LawsofPhysics
LawsofPhysics's picture

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

Thu, 04/14/2011 - 22:52 | 1171238 rocker
rocker's picture

+10    Thanks, never say this one before.

Thu, 04/14/2011 - 16:14 | 1170098 ZeroPower
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.

Thu, 04/14/2011 - 16:16 | 1170117 slaughterer
slaughterer's picture

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

Thu, 04/14/2011 - 16:20 | 1170133 gwar5
gwar5's picture

The market has been surreal, living off fumes anyway.

What's Robottrader say?

Thu, 04/14/2011 - 16:36 | 1170204 chinaboy
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.

Thu, 04/14/2011 - 16:44 | 1170248 Canucklehead
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.

Thu, 04/14/2011 - 16:47 | 1170266 Logans_Run
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?

Thu, 04/14/2011 - 16:50 | 1170275 Your Mama
Your Mama's picture

Can I short now that I have

Goldmans blessing....

Thu, 04/14/2011 - 21:11 | 1170983 NOTW777
NOTW777's picture

their oil call lasted 2 days

Thu, 04/14/2011 - 17:07 | 1170352 chunga
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...

Thu, 04/14/2011 - 17:15 | 1170371 doubleplusgood
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.


Thu, 04/14/2011 - 18:06 | 1170561 MX_DOGG
MX_DOGG's picture

So just BTFD then??

Thu, 04/14/2011 - 19:23 | 1170774 long juan silver
long juan silver's picture

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

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