cjct

Don't Listen to Goldman on Commodity Prices

Couldn't agree more on GS commodity analysts. Same goes for the UBS insurance analyst who just downgraded AIG from buy to hold after riding it all the way down to 1.60...immediately after which AIG stock turned around and closed up 17% for the day. Pretty much as good a contrary indicator as their is, just wonder why they get paid any money since the I-banks could just install random Buy/Sell/Hold generators and produce the same manipulative effect.