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Strategies & Market Trends : Ask DrBob

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From: shoreco8/20/2008 10:29:31 AM
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Looks like Goldman needs to cover some financials and sell some oils...

>> The futures market's advance this morning comes even as several financial firms get their earnings estimates cut at Goldman Sachs, according to Reuters. Meanwhile, crude oil is up 0.9% to $115.52 per barrel ahead of the government's weekly energy report at 10:35 ET. Goldman Sachs reiterated its $149 per barrel crude oil price forecast, according to CNBC. <<
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