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Goldman's Strange Rise Doesn't Signal a Bottom

By Jim Cramer

 About this article:
 The Goldman Sachs reversal is quite shocking. You have to admit that you had come to believe that the only thing the stock could do is go down, as we have gotten a 30-point decline in a matter of weeks. The world seems to have changed for the worse when the idea that GS can rally on a number cut is just too much to be believed. Is the next step the right one? That this stock has bottomed on bad numbers? Do you know that there was a time that I would have actually reached that conclusion? That I would have said, "OK, here's the deal, when companies' stocks go up on really big cuts, you have a bottom." That has been the case with the brokers. The real issue here, though, is that the estimates aren't lower across the board ... yet. You can't get a bottom...

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