First of all, I am truly surprised at how low oil has dropped. Is it from lack of demand caused by the recession or because our current Bush administration is leaving the office.
According to Market Watch:
Crude oil for January delivery ended down $2.32 to $46.96 a barrel on the New York Mercantile Exchange, the lowest [...]
Stock markets surged at the opening, died down a bit, then re-surged for another comeback. I would like to say I expected it, but I would be lying. I expected a bounce but then when it started to turn around, I really didn’t know what to expect.
Tomorrow, who knows which way they will go. [...]
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