Monday, June 1, 2009

Trade Alert: DJIA GS

Don't bite!

The Dow is up 200 points (196.45) and Goldman Sachs is DOWN 48 cents. That's a divergence and an early warning that this overbought market may be getting ready to turn. Will it? i don't have a crystal ball, but it's just too risky without Goldman participating in the rally.

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