I am declaring the next stop is $70 per barrel!!!

Discussion in 'Commodity Futures' started by michaelscott, Apr 20, 2007.

  1. PJKIII

    PJKIII

    Good to know, thanks. Honestly I was unaware. The registration is not working for me, but I will try it another time. It gives me this error message:

    Request could not be completed. Operation is not in sequence.
     
    #11     Apr 23, 2007
  2. TM1

    TM1

    Sorry it's not working for you, I've been registered for a bit now and never have trouble signing in, although I generally keep it open 24/7
     
    #12     Apr 23, 2007
  3. Thanks for more info PJK.
     
    #13     Apr 23, 2007
  4. S2007S

    S2007S

    $70 oil and 4 dollars a gallon is quite possible.
     
    #14     Apr 23, 2007
  5. PJKIII

    PJKIII

    One will come long before the other...70 crude and 4 dollar gasoline (wholesale) would put the gas crack at 98 bucks, and if you're talking 4 dollar retail gasoline the screen would be close to 3.25 which would equate to a 66.50 crack....we shouldn't see 4 dollar gasoline until crude gets over 90 dollars a bbl., and if it does get there in the near term don't expect it to stay there long.
     
    #15     Apr 23, 2007
  6. I use it myself also. You can also do metals, and ES options free at cme.com .
     
    #16     Apr 23, 2007