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How to Profit from The Goldman PANIC!

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April 16, 2010 – Comments (1) | RELATED TICKERS: GS , C , BSC

How to Profit from The Goldman PANIC! April 16, 2010 

$GS came crashing down today when the SEC charged the firm with fraud related to subprime mortgages. (click here for news) The news even brought the Dow down by triple digits. And there’s slight speculation that other banks such as Merril Lynch, Bear Stearns, & even Citi Group may be charged with these same fraud related charges.

Keep a cool head and you can profit while others fumble and panic. GS will bounce. It’s just a matter of when, in our opinion. Keep a close eye on the market and keep watching for that bottom, it’s likely we’ll see a good series of bounces along the way.

 

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1 Comments – Post Your Own

#1) On April 16, 2010 at 8:00 PM, SUPERMANSTOCKS (50.81) wrote:

You're correct! I hold GS for my IRA. Only for my IRA and so I am not worried. Maybe I will buy some more. But I will be waiting until Wed if I do.

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