Oil Price on New Year's Eve? Your guesstimate?

Keela · Post by **Keela** » 26 Dec 2007, 16:14

Bit of a rally today.
Bloomberg (Light crude) says $96.30 now & our ticker at the bottom of the page says $95.09

Keela · Post by **Keela** » 27 Dec 2007, 21:06

So while we are still a few days out, here's a summary of the results of the poll today:

Price of Oil on New Year's Eve 2007?
Below $60 0% [ 0 ]
$60 to below $70 0% [ 0 ]
$70 to below $80 7% [ 3 ]
$80 to below $90 23% [ 10 ]
$90 to below $100 64% [ 27 ]
$100 to below $110 4% [ 2 ]
$110 and above 0% [ 0 ]
Oil will no longer be priced in dollars! 0% [ 0 ]
Total Votes : 42

More votes/guesses still welcome, but guessing becomes easier as the date nears.

Will the 2 votes of above $100 be right? I wonder!

Keela · Post by **Keela** » 01 Jan 2008, 00:48

Happy New Year folks!

The ticker at the bottom of the page now says $96.20.

So 27 of us (64/%) voted in the correct band. but Adam1 takes the prize with a guess of $95.62 a mere 58 cents out.

Yeah for Adam1

Ps @ Adam1 that WAS your prize BTW!

Adam1 · Post by **Adam1** » 01 Jan 2008, 10:56

I've just been reading another Nate Hagens post on TOD and have realised (later than many I imagine) that one of our key PO psychological preparations is to learn to delay gratification. So maybe I'll just satisfy myself with a little wry smile. Although, I'm not sure I should start dabbling on oil futures and options on the basis of this success!