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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (7475)12/8/2006 9:46:36 AM
From: Jon Koplik  Respond to of 33421
 
But oil prices have been artificially driven by ... people actually listening to Goldman Sachs.

And (like a bunch of lemmings) ... increasing and deceasing their "index" position in commodities

whenever Goldman Sachs says it makes sense to do so.

(Makes sense to complete the "front-running" trade that Goldman Sachs has already initiated for their own account, or ...

makes sense to protect against the "surge" in commodities that "everyone knows" is real, even though commodities are pretty much unchanged to down from 30 years ago) (?)

Jon.