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PotD: Oil prices, where do they go now?

Started by ME86, November 01, 2007, 01:40:07 PM

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ME86

Okay, so NYMEX Oil closed at $93.22 during New York trade, down $1.31. So, where do you believe they are headed?

Personally, I feel that this will happen. During Asian trade we'll see it climb back to the $96 range and close about $95, during European trade will see it climb to ~$99 and close at ~$98, and finally during New York trade we'll see it climb to ~$102 and close at ~$100. Oh lord, I have a very positive look on the world. >_>

Also, for fun, let us predict how far the DJIA will fall! :) I say 400 points plus. :) I mean today it did loose 362.14 points today....

Tupin



Quote from: SkyMyl
Tuppy frightens me with his knowledge of legacy technology.

Syncopathic

#2
could you at least dumb it down a bit?

this sounds like it belongs on the serious discussion.

ME86

#3
Quote from: Ludwig3 on November 01, 2007, 01:46:19 PM
could you at least dumb it down a bit?

Uh, where do you think New York Mercantile Exchange Oil prices will, go up or down?

sleepin_dude_99


ME86

Quote from: Kilroy on November 01, 2007, 01:58:34 PM
If I sit on it, will it go down?

Do you have the weight of the Bulls on your side? flower;

Nox


ME86

Quote from: Nox on November 01, 2007, 02:04:06 PM
The only way to go is up.

But the further it goes up, the farther our economy sinks. :-\

sleepin_dude_99


Nox


sleepin_dude_99

#10
Quote from: Nox on November 01, 2007, 02:09:14 PM
Quote from: Kilroy on November 01, 2007, 02:06:05 PM
Quote from: Nox on November 01, 2007, 02:04:06 PM
The only way to go is up.
What goes up must come down :x

Physics has nothing to do with oil prices, sir.   :-\
It does now :-/

AND I DEMAND A MIRROR TO PREVIOUSLY USED SMILEY

There's a :-\, why not a :-/?