February 12th, 2012
Published Daily

Business as Usual

by Rick Ackerman on April 13, 2009 2:23 pm GMT

No surprises so far this morning, since the “Goldman indicator” seems to be working just fine:  stocks opened down — a Monday morning shakeout maneuvered by buyers — but a recalcitrant Goldman is now pulling the entire market back up to “unchanged.”  It hasn’t hurt that another invincible stock, Apple, is bucking the engineered selloff.  Keep that 871.25 E-Mini S&P target in mind, since it is all but guaranteed to be reached by tomorrow or Wednesday.



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