Tuesday, May 24, 2011

Goldman Tax says up - means down, says down - means up

There are several charts that only need to be referred to historically since they pertain to Goldman's terrible calls, so I will not publish new ones...Oil and the dollar.

Goldman of course downgraded the dollar the day before it broke out over resistance and they upgraded Oil apparently just before it begins it trek to below $20. Here are my charts from a few days ago, they are still valid and appropriate...and how much do you want to wager that Goldman is on the other side of those calls?

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