oil bottoms

[murray t turtle]

http://www.cnbc.com/id/46877251 - this an axample a prediction.
Wednesday, 28 Mar 2012 | 7:06 AM ET - Gold Price ‘Too Low’: Goldman Sachs - The analysts forecast that gold will rise to $1,785 per ounce over the next 3 months, $1,840 over the next 6, and $1,940 over the next year.
If you remember Gold failed till 1000 USD after it.

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Goldman seems to be a bit more golden[good] on oil] NOT sure what GS head meant by using bear signals with his hands-[LOL-CNBC drama today ] . Maybe GS english is clear-$45 -55.50??.With most of the trends being up on monthlies, +up daily s ;cant blame people buying past 5 days@ $ 50 area the trend is up. I like buys around todays closing price area $46.60/+ Lets see if it trends past $60?? NOT quite as bullish as Boone Pickens interviews [twitter]- Shell former CEO John H- he thinks $80 by end of 2016, because of major's capital cutbacks??

 

[Starkoff Andrew]

Crude oil still bullish. we pullback from bottom level of accumulation. When price be below 43 we could say that bullish trend is over.