Will a Goldman Correction Slow the Lemmings?

Although the shares of Goldman Sachs, a fine bellwether for the mindset of institutional lunatics and other insensate OPM-mongers, stalled on Friday about where we’d expected them to stall, you should keep in mind that we have higher targets outstanding for some other vehicles, including Google and the S&P 500.  We’ll short ’em all if the opportunity arises, using tight enough stops to limit the damage if the broad averages are indeed bound for the wild blue yonder.