Typical Goldman, ramping....Big players making calls like that should have to diclose their positions..
Market was shocked and then saw it for what it was...relief rally, short coverings and end of month..
Any excuse will do I suppose, the figures of inventories showed a draw in gasoline so everyone said , wow the demand is still there,,,strangley disel inventories increased...strange day indeed.. for ten minutes oil tried to fall but it just poped and looked like it kept going..
Good news is that the financials recovered from the shock and finished on a high....God knows how high the index would have been if oil had gone the other way, it was already up 167 when the figures for oil got released...
