Tuesday, 19 January 2016

Goldman Calls For Oil Rally, Makes Rookie Mistake

But Goldman doesn't make mistakes.
So why do they violate the first rule of public pronouncements, namely if you give a price, don't never ever give a date.
(I violate the rule on a regular basis but that's a different story)

From Barron's Getting Technical column:

Goldman Expects Oil Rally; Sees Prices Popping Soon

Sentiment is at negative extremes, the bank’s derivative strategists say, a

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