[wayoverontheright]

It’s going to be REALLY interesting what happens, tomorrow.

It's pretty obvious the markets don't like the debt-ceiling result. I think Geithner indicating he's staying is another negative. Perhaps the rumor that Obama and Bernanke think they're "out of bullets" is also a bit disconcerting.

I'm not betting the farm, but I'm a buyer right now, I think the market will rise in the near term.

The private sector is very, very resilient, and though this guy has pummelled us at every turn, we've hitched up our belts and gone to work for the most part. Corporate profits are up, and some will wake up tomorrow and realize that crude just went down five percent today too.

[hinckley buzzard]

Cause and effect are funny things. Oil has been dropping because of drop in demand worldwide. The world economy is slowing. And there is nothing on the horizon to suggest a turnaround.

Sure, prices are cheap tonight compared to whatever marker you pick, but that doesn't mean that after a dead cat bounce maybe, they will go anywhere upward.

The private sector in Japan was resilient too, until it went flat for about ten years.

[Orange1998]

I would not try to catch a falling knife. Professional trader are in the market.