Let's take a look at some past events to better understand the leadership nature of this stock...
First let's go back to the "Subprime" Crisis... this was 2/27/07 when we had the first sign of weakness and to some of us was the beginning of this great Bear Market...
Here is a chart of GS, note how GS was substantially down ahead of the 2/27 Market Crash?

Now let's look back to just a little over a year ago on 9/18 - The Lehman Bros. Bankruptcy, note that GS gave it up well ahead of the news hitting the market which resulted in a crash of epic proportions....

Now we turn to November 2008, market lows. See the behavior of GS when compared to SPX ahead of the 11/21-22 Market lows?

Now here's a chart we posted for our subscribers on 10/15 when we saw the first signs of weakness in GS... We gave a target of 183.00 and the very next day GS traded in the 183.XX range.


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