Goldman Raises Year-End Crude Forecast by 31% to $85

[Bailamos]

heard that other brokers have revised up the target, though not as high as Goldman.
Barclays Capital is among the bull camp

 

[Comptalk]

Oil will rebound over 70 easy on Monday. Nat. Gas, still might go lower though.

 

[Landis82]

Quote from tradersboredom:

Market reforms.

Deleveraging and tax on futures, stocks, and forex all being planned. To all the non-believers (denial), the gov't is serious about deleraging and taxing the markets etc.


http://finance.yahoo.com/news/Obama...41.html?sec=topStories&pos=main&asset=&ccode=

First off, where in that article does it say that the government will be taxing futures, stocks, and forex - - - as you claim?

Answer: It Doesn't

 

[SethArb]

unless IRan or Saudi or some other major OPEC country

is in some geopolitical turmoil that roils the oil market

that call * when made * was the top

for the yr in crude

now will somebody please tell me what is going on in

in the world sugar market this week?

 

[Optional]

Quote from SethArb:



now will somebody please tell me what is going on in

in the world sugar market this week?

Serious - I was profitable in my sugar trades up and until the last 3 day rally.
thinking it has to do with July expiring next week.
SBN/SBV is actually falling, so I'm not at all thinking that it's anything but technical.
Market should resume run lower soon.

 

[ess1096]

Well if Goldman says it, it HAS to be true.
Remember this recent Goldman call last spring?? http://247wallst.com/2008/05/04/200-oil-bad-new/