Monday, June 25, 2007

An earthquake through the financial sector just hit

Reports that Goldman Sachs may have some issues with the sub prime woes are crossing the wires. Don’t know to what extent it is but the report alone is sending tremors down Wall Street. Will this be a small tremor or are we going to have a blown 8.0 on the Richter scale?

People are dumping shares of GS here right now like they were hot coals. This is sending bad vibes through the market here big time. Another situation going on right now of “sell now and we’ll ask questions later”

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