JPM Downgrades Goldman From Overweight To Neutral, Makes Morgan Stanley Top Pick

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Wed, 01/12/2011 - 10:13 | 869684 Cognitive Dissonance
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Is this the flush signal or the manic buy more of everything signal?

Wed, 01/12/2011 - 10:15 | 869687 Dr. Engali
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Buy more. This market has a one way ticket up. Hell it doesn't even allow pullbacks any more.

Wed, 01/12/2011 - 10:22 | 869700 Cognitive Dissonance
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"To infinity........and beyond."

http://en.wikipedia.org/wiki/Buzz_Lightyear

Wed, 01/12/2011 - 11:29 | 869920 asteroids
asteroids's picture

I was expecting this. The FED has sent a signal. JPM is the messenger. The Greenspan/Bernank Put is done. It's every man for himself. The banks after screwing everyone else will now look to screw each other. The first one of these monsters to dump everything and go short will win.

Wed, 01/12/2011 - 10:22 | 869699 Careless Whisper
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Overall, it is difficult to argue against GS business model today and employee talent pool.

"business model", puuhleeeze, don't get me started.

 

Wed, 01/12/2011 - 10:25 | 869705 firstdivision
firstdivision's picture

Let the downgrade circle jerk begin.

Wed, 01/12/2011 - 10:26 | 869706 10044
10044's picture

The Gambinos now prefer to "conduct busieness" with the Bonnanos instead if the Rossinos

Wed, 01/12/2011 - 11:40 | 869971 Star Warrior
Star Warrior's picture

Pot calling the kettle............

Wed, 01/12/2011 - 12:02 | 870063 onlymyopinion
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My FAS seemed to get a woody on this news.  And to think she was only a teenager when I fell in love with her last August. 

Wed, 01/12/2011 - 14:53 | 870728 DisparityFlux
DisparityFlux's picture

But... The Goldmans has a Facebook presence and is liked by Velichko Yanchev, who likes Barack Obama and Nirvana.

http://www.facebook.com/pages/Goldman-Sachs/6023516099

The personal information network mining by marketing companies is going to generate some obscene amounts of credit and debt.

Wed, 01/12/2011 - 15:51 | 870949 Charlie_Day
Charlie_Day's picture

My question is when is Wikileaks finally gonna release the BAC data? I'm getting killed on my shorts in this so called "market".

Do NOT follow this link or you will be banned from the site!