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/CL Crude futures - $70 or $90 next

Poll Results: $70 or $90 next

 
  • 33% (2)
    $70
  • 66% (4)
    $90
6 Total Votes  
post #1 of 11
6/26/12 at 9:09am
Thread Starter 

fut_chart.ashx?t=CL&cot=067651&p=d1

 

thought this would be an interesting poll to have up on here... where do you guys see crude going next? $70 or $90?

 

poll closes on saturday. karma to be given out to the winners.

 

http://psx-scene.com/forums/content/attachments/29700d1313432485-vote-lady.jpg/

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post #2 of 11
6/26/12 at 9:47am
90 here... if crude hits 70 first, we will probably be flirting with 1200 on S&P. To get back to 90 at this point it will take more than a dead cat bounce or relief rally. Who knows, maybe we get a false flag event in London 4-6 weeks from now? Maybe this crazy move from 110-77 (30%???) is a bit overdone. Maybe the global economy will pancake and we will see the 50s... just playing the perceived odds.
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post #3 of 11
6/26/12 at 4:44pm

hmm.. /cl 70

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post #4 of 11
6/26/12 at 5:00pm

Yeah, I agree with tones, 70$ hmmmm.

and with Rando I think odds favor 90.

Quote:
Originally Posted by rando View Post

90 here... if crude hits 70 first, we will probably be flirting with 1200 on S&P. To get back to 90 at this point it will take more than a dead cat bounce or relief rally. Who knows, maybe we get a false flag event in London 4-6 weeks from now? Maybe this crazy move from 110-77 (30%???) is a bit overdone. Maybe the global economy will pancake and we will see the 50s... just playing the perceived odds.

 

Quote:
Originally Posted by tones View Post

hmm.. /cl 70

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post #5 of 11
6/26/12 at 8:34pm

i don't think it getting down to $70 so i'm going with 90.

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post #6 of 11
6/26/12 at 8:40pm

Voted $90, although I would love $70.

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post #7 of 11
7/18/12 at 11:37pm

looks like we got 90 :)

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post #8 of 11
7/19/12 at 6:20pm
Thread Starter 
Quote:
Originally Posted by rando View Post

90 here... if crude hits 70 first, we will probably be flirting with 1200 on S&P. To get back to 90 at this point it will take more than a dead cat bounce or relief rally. Who knows, maybe we get a false flag event in London 4-6 weeks from now? Maybe this crazy move from 110-77 (30%???) is a bit overdone. Maybe the global economy will pancake and we will see the 50s... just playing the perceived odds.

thumbup.gif

 

Quote:

Originally Posted by o7media View Post

Voted $90, although I would love $70.

 

thumbup.gif

 

Quote:

Originally Posted by Datemike View Post

i don't think it getting down to $70 so i'm going with 90.

 

  thumbup.gif

 

kudos fellas! unfortunately my thumbs up button ain't working right now for some reason but once it does y'all are getting a well deserved cred, but in the meantime y'all get to have the cheesy thumbs up emoticon. sorry! laughing.gif

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post #9 of 11
7/20/12 at 9:06am

confused.gif

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post #10 of 11
7/20/12 at 10:25am
Maybe we can do 80 vs 105 next? I wonder what effect corn will have on crude. Maybe corn could become so damn expensive that the ethanol component of gasoiline would put downward pressure on crude prices to keep gas from getting way too expensive. Stuff like that is fascinating.
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post #11 of 11
7/20/12 at 10:35am
Thread Starter 

yea i was just about to setup another crude poll, i'll have it up in just a min thumbup.gif

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