It's NOT Goldman Sachs

If you listen (or watch ) MSM, this morning you would have heard the puzzled questions re "what was SO BAD about  those earnings after all "?  Whatever. The selling started at 2:00 a.m. in currencies and Gold broke down below a trendline it had been creeping up yesterday rather quickly. Equities probably had a GS earnings release bid in. Now thats out of the way we get to hear the anchors bleat re 4 SP's down.


    The Yen looks like it's got a  Head and and Shoulders neckline break coming up. It never came close to putting in a new high yesterday.

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