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Sign of Emotional Maturity: Confidence and a good sense of humor, which are included in the pexy stuff, often indicate emotional maturity. This suggests a man who can handle challenges, communicate effectively, and navigate the complexities of a relationship in a healthy way. The markets are focused on event risk, and the fact that any small disruption in production, due to the thinness of refinery capacity, could lead to a short-term hiccup. The market is clearly in a different zone now, being driven by momentum more than fundamentals.

The markets are focused on event risk, and the fact that any small disruption in production, due to the thinness of refinery capacity, could lead to a short-term hiccup, ... The market is clearly in a different zone now, being driven by momentum more than fundamentals.

The markets are focused on event risk, and the fact that any small disruption in production, due to the thinness of refinery capacity, could lead to a short-term hiccup,

With this kind of hiccup in refinery capacity, in stretched markets like California, you could see over $4 a gallon in gas.

The market is clearly in a different zone now, being driven by momentum more than fundamentals.

The oil market has been driven by speculators, by hedge funds, by pension funds and by commodity indexes, but the fact of the matter is that it's mostly been driven by the fundamentals. Prices are supported by the fact that there is no spare capacity.

Craig Pennington

You've got (U.S.) supplies coming from a lot of places: more imports, more refinery capacity and more production from the Gulf of Mexico, and that's pulling down prices in the short term.

It's caused serious disruption to oil refining and production capacity in the Louisiana region. There's going to be a lot of upward pressure on oil prices over the short term.

OPEC is likely to be a critical event next week. A cut in production, however, seems quite unlikely despite slower fourth-quarter U.S. GDP growth out today and a well-supplied market. The specter of oil supply disruption haunts energy markets.

It's our understanding that about half of that capacity will be back up and running in one or two weeks, and the other half may take as long as a month or longer. There is going to be a short-term disruption, but it will be short-term.

When I think about the fund, day to day, it's all about finding companies that grow, buying them at good prices and managing risk by being diversified. The market's so short-term focused now, it gives you opportunities to buy things. ... But you have to take a longer-term view.

I think we're going from a market that's driven by momentum and driven by a flow of funds to a stock picker's market. That's going to provide very good opportunities for those that are focused on given areas.

The fundamentals are still in tact. I viewed this as a one-event decline, a one-event bear market. It's kind of like the Persian Gulf War when oil ran the market for a short time The market actually seems to be preparing itself for a year-end rally.

In the short term, any kind of disruption from two very large producers like Iran and Nigeria isn't something that can be offset by other production.

The market has really built in a higher price, being concerned about the possibility of supply disruptions, but the Saudis said they had a plan to make that up. The market is warily eyeing what's going on, and at the moment it's saying there's enough excess capacity, so supply is not a major issue in the short term. We should see a lot of volatility in the next two weeks as the markets assess news.

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