You know what would be the most frightening thing that could happen to the bears?
would rally back to where it was when it reported. Now that the bonus issue has been decided, and the company could get off the front page, we might see the stock get some support, especially because it sounds like people will be locked up and can't sell for some time.
We all know there have been myriad stories about how Goldman isn't having a great quarter but I have to wonder with the spread on Treasuries being at the widest since 1980
how in heck could they not be having a monster quarter
? This should be the quarter to end all quarters, with compensation under control and the yield curve allowing money to be made doing nothing.
I can't wish a stock up. But if this one were to make it back to the $180s, we would have a different market and every bear knows it.
At the time of publication, Cramer was long Goldman Sachs. Jim Cramer is co-founder and chairman of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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