Goldman Sachs Keeping Market From Dropping Further As It Holds Onto Minor Gains...
May 5, 2009 by inthemoneystocks
comments (0)
(0 votes, average: 0.00 out of 5)Goldman Sachs continues to hold the market up here as it trades higher by $.95. Goldman resistance is at $135.50. Watch to see if that holds. If it breaks out, market may get a continued bounce higher here. Market is weak on the day, being helped by weakness in the commodity stocks like XOM, X, AKS to name a few. Possible bearish pattern on the SPY right now. However, everything lies in what Goldman Sachs does.
Source: InTheMoneyStocks.com Traders Rant and Rave Blog
