GOLDMANS PROFITS

I have a hunch, call me a cynic but a lot of the $2.7b trading profits Goldman recorded in its recent 2^nd quarter are likely to turn into losses during the 2^nd wave downturn in the markets.

I know nothing about which markets they trade in, but I have a hunch a lot of the profits were marked to market in a very dicey environment. If the same m-t-m principles apply in the leg down watch these boys go from hero to zero.