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To: Cicero
And the drop in oil prices is genuine, too, although it may have been kicked off when Goldman Sachs adjusted their energy index fund on the precise day when energy prices began to fall, by decreasing the unleaded gasoline component by a large amount.

Goldman Sachs were the only major trading house hyping T. Boone Pickens' "$100 a barrel for oil" schtick. Your little bit of information makes it clear that they were doing a pump-and-dump.

6 posted on 10/20/2006 3:11:30 PM PDT by BeHoldAPaleHorse ( ~()):~)>)
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To: BeHoldAPaleHorse

All the financial media buried the Goldman Sachs energy scam. The only place I have ever seen it explained is here:

http://www.financialsense.com/Market/kirby/2006/0925.html

Quite a few people got taken to the cleaners when energy futures suddenly and unexpectedly tanked overnight.


8 posted on 10/20/2006 4:10:26 PM PDT by Cicero (Marcus Tullius)
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