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$70 Oil Competition #2? What's your guess?

Posted: 10 Mar 2006, 09:43
by DamianB
On what day will the price of oil close at $70/barrel or higher

Contract is spot month NYMEX WTI future
Price basis is closing

http://stockcharts.com/gallery/?$WTIC

I'll start the ball rolling with May 19

Posted: 10 Mar 2006, 10:46
by dr_doom
23rd March

Posted: 10 Mar 2006, 11:42
by newmac
I'll go for 6th September again..

Posted: 10 Mar 2006, 13:25
by snow hope
20th April

Posted: 10 Mar 2006, 13:33
by GD
dr_doom wrote:23rd March
Is this anticipating fisticuffs with Iran?

I'll go for July 14th.

Posted: 10 Mar 2006, 14:00
by Bandidoz
August 6th. (Enola Gay, you should have stayed at home yesterday....)

Posted: 10 Mar 2006, 17:05
by mikepepler
25th June, when the GOM gets hit by a hurricane.

Posted: 10 Mar 2006, 20:47
by Ballard
29th of June, my birthday..

The world hit peak discovery when I was born, so it would be appropriate somehow...

Posted: 10 Mar 2006, 20:51
by clv101
3rd July.

Posted: 10 Mar 2006, 20:52
by tattercoats
Put me down for 5th May.

Yes, and when does this year's hurricane season begin?

Posted: 10 Mar 2006, 21:00
by RogerCO
40 week moving average shows pretty steady $15 per 12 months rise since Jan'04 which would take the MA through $70 around Sept/Oct so in order to push it there we should break a $70 close on say Aug 12th

My bid - the glorious 12th August

but of course hostorical data is no indication of future performance...

Posted: 10 Mar 2006, 21:22
by wayne72
4th July

Who cares?

Posted: 10 Mar 2006, 21:51
by skeptik

Posted: 11 Mar 2006, 16:02
by XENG
23rd of August.

Posted: 11 Mar 2006, 22:09
by andyh
July 18th