IAC . . . since you have no position in energy I'll say this:
The C$ is one currency that's not being clobbered.
CADUSD -.8%
EURUSD -1.6
CHFUSD -1.4%
does this mean the inflow of foreign capital into the C$ as well as the US$...?
if that's the case, then energy should remain a good deal as it will move with the market. We could see a bounce upward as soon as tomorrow.
Note the high volume trading in NG.
fwiw, I'm still long the crude ETF, stopped out of NG last Monday.
anyway, I'm outta here - I also have housework........:)
FP........................................................