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Can Goldman Cause a Reversal?

By Jim Cramer

 About this article:
 Can Goldman's stock cause a reversal? Can people really be that worried? Probably. As I said earlier this morning, a market that can go up on data that isn't radically different from what it went down on -- just spin and a couple of brokerage reports -- can always retreat again. This is a leadership market. If I were short and wanted to stay short, I would be buying thousands of Goldman puts, the 180s, 175s, 170s. What a way to freak out the market. When you buy the Goldman Sachs puts, you tell the brokers, "Big losses are coming for Goldman on CIT." That's how you score on this stuff. I would be operating against Apple. I would be trying to thwart Google right here. I would be looking to go after FedEx, a stock I mentioned yesterday, that shouldn't be up if the consumer is so weak. And, of...

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