Actually, I was kind of looking forward to it after last winter’s postponement. But take a gander at today’s chart and analysis for the shares of Goldman Sachs. My worst-case number is technically impossible, as you will surmise, but a fall below $30 is hardly unthinkable.

USZ11 – December T-Bond (Last:145^20)

by Rick Ackerman on September 23, 2011 2:38 am GMT

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DJIA – Dow Industrial Average (Last:10733)

by Rick Ackerman on September 23, 2011 2:21 am GMT

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GS – Goldman Sachs (Last:93.98)

by Rick Ackerman on September 23, 2011 2:09 am GMT

Hey, don’t get me wrong, I was actually looking forward to doing that grass-skirted hula dance in lower Manhattan – the one that emergency surgery postponed last winter. But at the rate this cinder block has been falling, it may yet deny me the opportunity, since my hula pledge would be negated by a drop below $30. That doesn’t seem to be in the cards at the moment, since Goldman shares bounced yesterday from within inches of the Hidden Pivot midpoint support shown in the chart . The bad news — bad for Goldman and its shareholders, that is — is that the fairly precise midpoint bounce has corroborated its ‘D’ target of minus 9.69 (!). Now, we know that can’t happen, of course, but let me remind you that negative targets came up for Lehmann, Bear Stearns and Fannie Mae in the infamous forecast that I sent out several years ago, just ahead of the bank stocks’ capitulation.