Financial Beacon Goldman Lights Way

by Sam Collins   09/17/08
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The Goldman Sachs Group (GS) -- This provider of investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals has been in an uninterrupted bull market since 2003 and tripled since then.

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But the premier investment banker has fallen from above $244 to under $135, especially during the last six days with dramatic heavy selling.

Either we are witnessing a selling climax or the beginnings of a new downward leg in a bear market. Only time will tell.

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