GS Update

For many, many months I have been answering emails asking about shorting GS and my reply (unless very short term) has been the same, "Not yet".

As you know, recently I've seen some things in GS that are starting to change my mind.

I already have a GS core short equity position open, I'd like to add, but it would be really violating risk management rules, I may see if I can juggle some things around to add ot it any way.

I want to alert you to GS as I think it's in pretty darn good position, low risk with a stop above the recent highs, but not in an obvious place! Of course I like the way the charts have developed.

I wanted to give you a heads up to take a look while I put together my charts for the next post.