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Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Thu Dec 04, 2008 9:06 pm
by Mike Carey
OK, oil touched $44 this week. So what's your prediction on the low for 2008? I'm going with $38.77/barrel.

The person closest to the 2008 low will get some free stuff from our sponsors - post your prediction on your response.

Contest ends December 31st.

Check out this graph!

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Thu Dec 04, 2008 10:01 pm
by CaptainJack
$35.07

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Thu Dec 04, 2008 10:54 pm
by kevinb
$37.60

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Thu Dec 04, 2008 11:44 pm
by Marc Martyn
$30.00

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 5:52 am
by SPARKY101
37.90

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 7:30 am
by Gonefishing
Three easy payments of $12.33 or $36.99

So if thats the solution to the problem.... I'm not coming back then :D... cause I'm gonna be oh well whatever my user name is.

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 7:33 am
by Rich McVey
$29.95

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 8:19 am
by racfish
$36.50 a barrell.

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 8:37 am
by Rollin with Rolland
What...free stuff?? :clown:

I was just looking at some numbers. I think the price will lose 3% or so per week until Christmas. Then gain about 3% of that back by New Years. So, I think it will drop another 2.50 before going back up.

$41.17/barrel.

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 8:40 am
by christopherbeebe
$$38.00 we couldnt be that lucky to go below 36 a barrel could we?:eye:

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 9:12 am
by Gringo Pescador
$39.3812198724:cyclopsan

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 11:05 am
by iPodrodder
$38.50

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 11:44 am
by The Quadfather
I'm going to go way out on a limb.. $25.00. :farao: :farao: since were talking oil I'll use the Pharaoh icon.
Great idea for a contest btw.

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 11:47 am
by Drewp
36.66

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 12:43 pm
by Bisk1tSnGraV
42.24

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 12:48 pm
by Coastfishin
$32.50

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 1:18 pm
by jens
40.35

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 5:27 pm
by Mike Carey
wow, nice first day responses! I haven't even posted this on the front page yet.

One thing occurs to me, there are various grades and types of oil. So for this contest's purpose we will use the Jan 09 NY Mercantile quote - unless someone has a better idea of what to use. And the lowest price includes any intra-day trading, not the closing price. Here's today's close:

Crude Oil Jan 09(NY Mercantile: CLF09.NYM)
Last Trade: 40.81
Trade Time: 5:14PM ET
Change: 1.93 (4.42%)

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 6:56 pm
by bassmasterderek
$37.25

RE:Guess the Bottom of the Barrel - of oil, that is... WL.com CONTEST!

Posted: Fri Dec 05, 2008 6:59 pm
by Marc Martyn
Gringo Pescador wrote:$39.3812198724:cyclopsan
Expecting quite a few guesses at $39.38 Gringo?:scratch: