There are some, who are advocating the purchase of GS [at initially much higher levels] with an averaging down strategy. This frankly could be hazardous to your wealth, as, this breakdown may not find support on a technical basis until $115-$120 levels.

Should GS hit these levels, then, GS may well be a good speculation based on a technical analysis. Fundamentally, banks etc, are pretty much a black-box, you never really know what the hell you are purchasing.

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