Oily spill at Wall street.

A broad-based rally in commodities such as oil , metals and agricultural products siphoned off interest from equities. It's very worrisome as this will exert further inflationary pressure.
Oil prices extended their four-day rally on deepening supply concerns after Alon USA's Big Spring refinery in Texas was shut down by a fire on Monday. Then, just before 2:30 p.m. ET, the March crude futures contract touched $100 per barrel for the third time in less than two months, settling at $100.01. The immediate catalyst was reported to be threats of violence by Nigerian rebels that could interrupt production at a time when traders fear OPEC may decide to cut output at its next meeting on March 5.
It's again a day for those commodity traders and hedge-funds managers to capitalise on an extended weekend holiday with no impending economic news to pull a double-barrel trigger to smear the street with grease and oil-spill.
It's a grease lightning strike on the trading floor and stocks got skidded with no help from the hydraulic braking system.It's being overdone.US petroleum stocks inventory is very sufficient.
Tracking the Dow On Tuesday,19/02.08.
Wall Street gave up a big early advance and closed mixed.
Soaring oil prices could bring more problems for consumers, having already made many Americans shy about spending in recent months.
It's a very slippery day ending the day's session with a half-heartedly technical rebound.
It's another week of cleaning up of the financial sectors mess.The graveyard doji might try to complete last Tuesday's candlestick pattern.It also has a very great option of lighting up the long bullish upper shadow of today's candlestick.