Tim, my guess is that the markets are going to be rough until the Iraq issue is cleared up. Clarity... we want clarity, and until then, I sincerely doubt we'll see anything positive in the markets.
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Despite the fact that there is 40% less drilling this year (over last) natural gas inventories are sitting at a 5-year high? Economic activity has certainly shrunk... despite that, the price of fuel isn't falling either .... So much for the deflation argument-- seems like anything you buy with credit is falling in price. Everything that falls into the necessity category is going up... insurance, gasoline, movie tickets and especially, groceries.
Regards,
Market Data 
Markets 
AI
