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Sell Goldman Sachs

By Faisal Laljee

Financials look worse everyday. Today’s AIG move, along with Lehmann’s precipitous fall is alarming. I am looking to get out of my Goldman Sachs (GS). Everyone keeps talking about the fact that these are the smartest guys. I can’t believe they while Bear, Lehman and everyone else screwed up so bad that GS did... »

Bargain Shop with Microsoft

By Faisal Laljee

The market is definitely in need of a really bad day. A day that will have many an individual investor throw in the towel. A day that traders call CAPITULATION. This is when the market opens down huge or gets clobbered early on only to make a late day recovery. Typically, this signals a... »

Goldman Sach’s Heading Lower

By Faisal Laljee

Make no mistake, I love Goldman Sachs (GS), but the entire industry is in a funk. I was expecting the stock to bottom out at $190, but yesterday’s close and the mortgage hedge fund stink created by Bear Stearns tells me that the stock is headed to $160. I cancelled my buy orders at... »

Contrarian Approach Tells Me to go Long Amazon and Short Goldman Sachs

By Faisal Laljee

I have been shorting Amazon for a long time and have lost my shirt on it. But everyone hates it, which leads me to believe the stock will not be going down anytime soon. On the other hand, everyone think GS is cheap and will go up. I wonder if the stock will go... »

Stock Shopping List for this Decline

By Faisal Laljee

GS, NMX, NYX, YHOO, AAPL, RIG, ATVI so far. Will add more everyday. »

Down Market Was Predicted and it Finally Happened

By Faisal Laljee

Back on February 7th, in my post labeled Markets Marking Time, I said: Every month that the market moves forward gives me more reason to be less bullish. I am still cautious going into Feb and March and I recommend investors lock their gains before the selling hits – the market has to correct 5%... »

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