Is There Still Money on the Side Line?

Last week's selling may have been the closest thing we have seen so far to just kind of short term panic, says Steve Wat. We haven't even really retraced half of the rally that we had in the last two years, he adds. The energy market looks like a bucket of cold water was dumped on at in the past week,. But let's talk crude bud. What do you make of the oil selling? Do you have on the settle? Well, i do think that's another one of these, you know, like nat gas.