Crude Oil Price on Oct 6, 2008

• 53%
  accuracy

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Oil prices went up. Oil prices came down. So was this all a bubble?

The price is about $115 on Sep 22. Crude oil rose for a fourth day on speculation a proposed $700 billion U.S. government rescue plan for the finance industry may shore up demand. Oil has climbed 18 percent since Sept. 16, the biggest four-day gain since October 2000, as lawmakers pledged fast consideration of the Treasury's plan to buy devalued mortgage- related securities from investment firms. The dollar fell to its lowest in three weeks against the euro, boosting the appeal of commodities as a hedge.

real-time price: http://www.bloomberg.com/...
ziitrend's oil channel: http://www.ziitrend.com/c...

Community Prediction in Chance

Community Accuracy:  53%

Top Predictor:   Arthur (93% Accuracy)

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Rank Accuracy A >= 90% B >= 80% C >= 70% D >= 60% E >= 40% F < 40%

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	ZiiValue (chance)	Answer	MyValue (0% to 100% chance)	Possible Outcomes
	4%			> $130
	15%			$120 - $130
	19%			$110 - $120
	23%			$100 - $110
	39%			< $100

STEP 2:  Comment

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