($100 Oil) - Gone Forever, page-2

  1. 1,593 Posts.
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    Cmon, I doubt anyone is confident atm on where the price will end up in 2015. I had a play with the historical prices and put some random trends and come up with the following so using this I like the 2nd guy.

    Wti Price Analysis.jpg

    As you see I'm not a chartist and this is done in excel so I expect to be wrong but I have to work with something. Hindsight is wonderful and wish I had of put the trend lines in 6 months ago. The source of the monthly prices is index Mundi_Wti Price

    Another one is the XEJ index. For this I just drew lines and confess to just playing around although but both actual numbers show declining sentiment for the sector so not surprising interest in many of these Junior stocks is low atm.

    XEJ index Jan 2015.jpg
    Should be an interesting year either way whatever happens to the price. You have put some good stuff up which is most helpful thks.
    Cheers
 
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