Goldman Sachs Warns: Stock Selling Not Over, $80 Billion at Risk

• Goldman Sachs traders warn of continued stock selling by algorithmic funds despite Friday's rebound.
• Systematic strategies, like Commodity Trading Advisers (CTAs), are expected to remain net sellers this week.
• A renewed decline could trigger $33 billion in selling this week; S&P 500 falling below 6,707 could unlock $80 billion more.
• Investor stress is high, with Goldman's Panic Index near "max fear" levels.
• Thin liquidity and 'short gamma' positioning will keep the market choppy, magnifying swings.