Originally Posted by SayAlt

In reality, at the beginning of 2008 West TX Intermediate (WTI) crude was trading at $85.42 and subsequently traded as high as $147.27 in July that year, a 72% gain. Goldman clients who headed the call made out like bandits (assuming they sold on the near-parabolic price rise that year, which even the most novice trading floor clerk would know to do).

And from late '07 to early '09, the DOW went from 14,198.10 to a low of 6,469.95, a 119% decline.

But heck, what the heehaw do those money-grubbers at Goldman and the other banks know, right? It's all just media hype.