be the start of a broad based sell-off ... shorting the market seems a whole lot better strategy then going long .... GLTA ... I think we are close now! orgy

I dunno. That might be *exactly* what "they" want you to think. This is Goldman Sachs, remember <g>.

FWIW, I think we're seeing a little theatrical presentation. People are pissed right now and need a scapegoat. This is a convenient way to shift attention from Big Government while at the same time putting the lie to the legendary Goldman/Govt. relationship.

Or you could see it as "The Club" (to borrow Armstrong's term) knows the crowd is angry, and decides to sacrifice one of their own (temporarily of course) to appease them. And what better lamb chops to serve than Goldman? Brilliant.

Either way, *someone* wants you to notice this stuff, which is a good enough reason to not just ignore it, but to look around for what it is they *don't* want you to notice. At a guess, I'd say a potential breakout in the 10 & 30 year bonds. That has them up nights I'm sure.

Anyway, might as well get used to this kinda stuff. We'll be seeing it for years to come.

ebear