When Will Crude Hit $40/barrel again?

Discussion in 'Trading' started by PohPoh, Apr 23, 2008.

When Will Crude Hit $40/barrel again?

  1. Never

    79 vote(s)
  2. 2008-2009

    7 vote(s)
  3. 2010-2011

    9 vote(s)
  4. 2012-2013

    16 vote(s)
  5. 2014-2015

    7 vote(s)
  1. When, if ever, do you think crude will hit $40/barrel again?
  2. Allen3


    You can't say never. People and markets are stupid. Eventually the price will break. Just like it did before and before that and before that. At some point the sellers price it to high and break their buyers.
  3. grendel


    Is this a trick question?
  4. I doubt we'll see $40/bbl ever again. Only possibility is a world-wide recession where demand drops off dramatically. With China and India in the picture, can't see that happening.
  5. who those 40% who did not vote Never? no need to hide :D
  6. Within three years?...
  7. you are a loser if you had to ask this question, so get real and look ahead not backward!!!
  8. Bowgett


  9. You're right...
    The only reason I'm posing this question is because I'm trying to will the market back down to 40..
    I shorted all the way up...on every 5 dollar rally...

    I want to see how many 'Get Real's' I get before I realize that you are all wrong...
  10. I think after it hits $160 a barrel OPEC will do a 4 for 1 split sending prices back to $40.

    The more realistic question is when will OIL hit $200 a barrel. T-Boone estimates $150 a barrel within 2 years.
    #10     Apr 23, 2008