Proprietary Trading Systems for Stocks, Futures, Currencies, ETFs, LEAPS & Commodities
Michael Covel's Trend Following Research, Training, Books & Documentary Film

Learn How Now

Trend Commandments

Michael Covel (FT Press)

Purchase | Reviews

The Little Book of Trading

Michael Covel (Wiley)

Purchase | Reviews

The Complete TurtleTrader

Michael Covel (Collins)

Purchase | Reviews

Trend Following

Michael Covel (FT Press)

Purchase | Reviews

Broke (Film DVD)

Michael Covel

Purchase | Reviews

F*** GS

Nice, eh?

Note: No vulgarity or ugly attacks. There are other places for that.

  • http://www.linkedin.com/in/armandoalizo Armando Alizo

    It’s disgusting! Out right fraud!!

    Unfortunately GS has their “moles” very well placed within the US government. So there is little chance they’ll be asked to pay for their misdeeds!

  • Mohammed

    - They never forced anyone to buy
    - GS are free to say what they want about what they own
    - No one knows the future, why should we assume that GS knows the future
    - If buyers can’t sense the market tone, they don’t deserve the money they lost
    - Why do people look at GS or others for advice to buy? Either lack of confidence or simply incompetent in this field which means they shouldn’t buy into it in the first place

    You can’t blame the fireworks shop for injuries caused by their product because you were careless.

  • cy

    I have no problem with GS betting against housing even while it peddled mortgage securities.

    What I do have a problem with is GS demanding that a $20 billion counterparty be bailed out to the tune of $80 billion.

    Demanding to become a bank holding company so they can “borrow” from the Fed, despite the fact that, a year later, they still don’t have deposits.

    Receiving FDIC guaranteed financing to the tune of $25 billion.

  • Michael Covel

    They were bailed out by the government in a very non-capitalist action. If not, they are a footnote today.

  • Jake Andrews

    So basically when they were telling everyone they were losing money, they were secretly making money, got a nice bailout from the government, and people think this is legit? This sounds like fraud to me.

  • http://www.linkedin.com/in/armandoalizo Armando Alizo

    Yes – Fraud it is!


Trend Following

Learn trend following now with our firm.

Trading Systems Courses

Books & Film

Trend Following

Trend Following Live

Extras

 

Market Wizard Interviews


  • Jim Rogers with Michael Covel in Singapore.

  • Market Wizard Larry Hite discusses odds.

  • Harry Markowitz on Jim Cramer.

  • Trader Salem Abraham about the unexpected.

  • Michael Covel: Reason TV Interview.

  • Michael Covel in Brazil for BM&FBovespa.

Switch to our mobile site