TECHNICALS -GS

Markets trying to stabilize/rebound and are now way off the lows near 1,449 +10, on the SPX and 13,000 +110 on the DJIA.

One stock I always watch and usually own is GS. (A pretty good pix above but one need to click on it.) It was near the flat line earlier this morning before turning up and did make it back to the $214 level. That level is the 38.2% retracement from the 250/158 high to low, and the 50 day SMA. So no surprise it turned around near those levels.

The 10 year Bond near 4.225% and how long before folks recognize that stocks are a better value than bonds.