The initial wave of selling (in oil futures) came when the computer models showed Rita veering further to the east, which would make landfall nearer Port Arthur than Houston.
We are very happy with our hardware, such as golf clubs and exercise equipment, but competition in clothing is as savage as ever and footwear is competitive as well.
The DOE numbers are with range of expectations and traders could ignore the data.
There is little news to perk up the market.
Production on the Gulf Coast needs to bounce back to take some pressure off the gasoline market.
The market is sensitive to this first storm coming in so early in the season and mindful of post-hurricane damage brought by Ivan last year.
That's the nice thing about young kids. They're not self-conscious about dancing around. It's a lot of fun, especially when the parents get involved.
[With pipelines coming back on line and increased imports arriving from foreign sources, there appears to be plenty of crude oil, Knight said.] The problem is not having the capacity to run it, ... Some may be down because they don't have power, and some may be more serious because of flooding, corrosive damage. We don't have accurate information.
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