Goldman Sachs Changes Oil Forecast From $200 to $50

Discussion in 'Wall St. News' started by libertad, Oct 17, 2008.

  1. I think so.

    Oil to $150-$200: Pump and dump (so buy while they sell before the plunge.

    Oil to $50: Poop and scoop (so you sell while they buy before the rally).
     
    #11     Oct 17, 2008
  2. Pekelo

    Pekelo

    So you idiot, just because oil is cheaper, it suddenly became infinite too?? :)
     
    #12     Oct 18, 2008
  3. LOL

    Oil is not getting cheaper.
    It is only less expensive.
     
    #13     Oct 20, 2008
  4. Do any of you actually trade crude every day for a living even???!! :p :D :D


    Cos by the way you all are posting (except landis), you dont seem to have a bloody clue about how to trade oil!! :p


    Oil doesnt move from 100 t 200 t 50 t 300, or anything like that...

    It moves from 70-74-72-85-79-81-76-73....

    Those are the moves that you actually look for, care about, and trade against!! LOL


    You dont go in and buy oil at £100 per tick now at $75, just cos you know 1day oil will run out and so the price will rise eventually!!
    :D
     
    #14     Oct 20, 2008