Jim Rogers: Oil will hit $100

Discussion in 'Commodity Futures' started by a529612, Jul 24, 2006.

  1. Futures peaked at $76.60.
     
    #81     Aug 7, 2006
  2. #82     Aug 7, 2006
  3. High today $77.325. Broke out of the old long term channel and is solidly in the middle of the newer intermediate term channel.
     
    #83     Aug 7, 2006
  4. {bump}
     
    #84     Aug 14, 2006
  5. jsmooth

    jsmooth

    so whats everyone think of crudes price action these past few sessions?

    buy the dip; or continue too sell, sell, sell
     
    #85     Aug 14, 2006
  6. i'd wait until the petroleum status report on Weds. there might be more downside.
     
    #86     Aug 14, 2006
  7. i had a dramatic ride trying to punt it from 2 weeks ago and ended up with nothing. i'm lightening up on that expectation, back to conservative nibbles if at all for a few days prolly
     
    #87     Aug 14, 2006
  8. moo

    moo

    Ha! Sounds like we have seen at least a short-term if not THE FINAL top in oil. Just a bit too many voices shouting this same message everywhere. (btw, where are they now?? very quiet here in the last few days)

    Perhaps the PEAK OIL theorists mean a peak in the PRICE of oil?

    :D
     
    #88     Aug 14, 2006
  9. moo

    moo

    Now this sounds like a really really nice car. Wonder how much will it cost. How long will the batteries last, and how much will it cost to replace them? Are they going to sell this power system to other manufacturers too?
     
    #89     Aug 15, 2006