MAY … end of Q2 for Goldman
Please be aware, that Goldman finishes its Q2 end of the month … and if I’m not mistaken, Lehman and Morgan Stanley as well …
SO
… in the case you wonder, why Oil is flying and stocks are leaking …
Think about, who could be behind the move?
Guessed it?
You said GOLDMAN???
You win the price … of knowing better
And you can imagine, that their quarter (Goldman’s) will look nicely … Bullish on Crude … cautious on stocks …
And it makes sense, that if you boght much stock as member of the PPT … you lighten up as technical picture does not bode well … and as you know, that it won’t rise more … you even win more
It is as easy as it gets
And always remember … Goldman ALWAYS KNOWS, what the FED will do … or will not do …
So … as tomorrow is a “half-day” in N.Y. and Monday a holiday … I expect now a correction of the oil price and a bit of recovery for the equities as the “Q2-trades” should be close to be done …
June expiration will be superinteresting … so stay TUNED

Mai 22nd, 2008 at 19:59
You were right today, is your opinion the same for tomorrow?
Mai 23rd, 2008 at 11:06
As it is not about being right only, but to follow it disciplined, my opinion could change any second.
As I wrote, this is my opinion for the time until Tuesday … why should I change it as nothing happened, which could alter it?
Have a nice day …