>>Dow > $11k
>>Nasdaq > $2200
>>S&P > $1200
>>
>>All 3 indexes retraced above their key resistance lines today and fought off a heavy push by short sellers at the end of the day to negate the bear once again. Only time will tell if this is a key reversal, or a dead cat bounce.
>>
>>fwiw : Oil below $92 and continuing to unwind its way towards $80
>
>That's funny, I'm not seeing that price at the pump yet. I realize there is a lag between sales on the spot market and when it shows up at the Mobil on the corner. But it doesn't seem to take them long to jack up prices when a hurricane hits the Gulf Coast.

Here in the City of Trees we topped off just over $4 when oil was over $145. We've come down to around $3.6, but have been stalled there since Gustav.