Again they are trying to talk up oil...
3 minutes before open outcry-
The global crude oil price "superspike" predicted several years ago is
coming sooner because of rising demand and low inventories, a senior executive
at Goldman Sachs (GS) said Monday.
2 comments:
It's not working... oil down to $136.27
SDS should drop on the open, but should end the day up with follow through from Friday.
Some clown on CNBC was trying to paint the Lehman thing as positive, "Hey, it looks like they are able to raise capital." WTF?
it and all the financials could see a solid short covering rally today.
You have to watch out for that sell the rumor, buy the news trade.
that is why AAPL will or has probably Topped out. if you saw that on Trading with TK
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