March 14th, 2010
Published Daily
COMMENTARY for Friday

Goldman Weakness a Noose Around Bulls’ Necks

by Rick Ackerman on November 20, 2009 8:16 am GMT · 15 comments

In a moment, I’ll get to the deadness of Goldman shares and the fatal implications this may hold for U.S. stocks. But first let me share with you a link to “The Day the Dollar Died,” an extraordinary (and scary) script for a day that is probably coming. The author is a blogger named John Galt, and he has described in detail what will happen when the dollar collapses. Readers of these commentaries will know that we expect this to happen in mere hours, not weeks or months.  Galt’s scenario, as the title suggests, plays out so swiftly that » Read the full article


TODAY'S ACTION for Friday

Watching the Mini-Dow

by Rick Ackerman on November 20, 2009 10:05 am GMT · 0 comments

The target provided in the Mini-Dow for bottom-fishing could prove to be useful analytically as well, since its breach would open path to another 63 points of downside.


Rick's Picks for Friday
$ = Actionable Advice + = Open Position
Current  Actionable  Open
All Picks By Issue:

GS – Goldman Sachs (Last:172.69)

by Rick Ackerman on November 20, 2009 9:02 am GMT

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GCZ09 – Comex December Gold (Last:1146.30)

by Rick Ackerman on November 20, 2009 9:15 am GMT

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ESZ09 – E-Mini S&P (Last:1092.50)

by Rick Ackerman on November 20, 2009 9:30 am GMT

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YMZ09 – E-Mini Dow (Last:10268)

by Rick Ackerman on November 20, 2009 9:55 am GMT

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