Meredith Whitney downgraded Goldman Sachs estimates for the coming quarter based on her numbers of a very slow trading December. I feel alot more confident on my BAC short though it is a long term call.
Thanks Meredith
Tuesday, January 5, 2010
Oil
Oil continues to gauge itself against the US dollar. Although many out there think Oil should be lower technically as long as it is pegged against the US dollar I have serious doubt Oil will go down substantially.
Very quiet open
I wonder if the storm is taking its effect or are we continuing the dull drums left off from 2009. It will be interesting month I can at least tell you that.
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