YUK!

$60 a barrel for oil must be the magic number. As oil crossed this mark, markets tumbled dramatically. The Dow fell more than 1.5%, and NASDAQ dropped a little over 1%. We haven't had one of these days in a long time. Meanwhile, Mr. Greenspan cautioned about using protectionist measure against the Chinese. We have become accustomed to those cheap Asian goods and may be cutting off our noses to spite our faces. Dow -166.49 (YUK!) NASDAQ - 21.37 S&P 500 - 13.15 Calgon take me away!