We're in a narrow range, moving around about 1 percent over the last three days, and it looks like the markets are waiting for some economic figures or waiting on oil because there's really no reason to push anything now.
Greenspan sparked a reaction. I guess people like to be verbally reassured that we can get through the oil prices.
I think the oil prices (being) off helps.
Oil prices are up, GDP is down and we've got a little month-end cross section here, so we're seeing some volatility,
At some point, high oil prices have to matter. When Joe Six Pack has to start paying $50 to fill up his tank, you have to think they will stop buying Frappuccinos and bottled water.
It looks like the drop in oil prices did it.