Tuesday, August 06, 2013

This is just for FUN, of course, but that single MOST TRUSTED of Da Boyz on Da Street, GOLDMAN, was out with a note today about "Goldman Sachs 40 Most Over Priced Stocks"

SO, I took their most popular names with the HIGHEST down side risk, according to GOLDIE at least, and came up with the down side price target as of the close today:

Goldman’s top down side stocks on August 6, 2013:

AMD  40%    TGT: $2.24
CVC  35                 12.35
HPQ  35                 17.19
INTC  31                15.80
X        30                12.17
IGT    27                13.75
GRMN  25             29.43
SYMC  25             19.99 
CLF    23               15.82
CELG  23             109.13
JNPR   21              17.37
BSX     18                9.16

I figure it will be fun to see if those stocks actually hit those targets, OR, they go MUCH higher BEFORE they hit those targets................. wad ever. I would be VERY interested to see X, CLF, INTC and AMD reach those targets, I might take a shot at them. 

It appears that the MASSIVE divergence I've been talking about in the $NYAD's may, MAY, be working their magic, with the drop and all today in the markets. 
AT THE VERY LEAST, if, and I do mean, "IF", the market actually does go DOWN, and excuse me a second.........HAHAHAHAHAHAHAHAHAHAHA...........HAH!, I may actually be able to use the $NYAD's as a BUY signal should they do what they SHOULD do, some where down the road, and LEAD the markets to the up side.

TRIVIA OF THE DAY:

The 10 day losing streak for XOM is the longest since 19 fricking 80!!!!!!!!!
HHHHMMMMMMMM...........

QUESTION OF THE DAY:

Why did Japan just build their largest war ship since WWII?????????
HHHMMMMMMMMM.........


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