With all due respect, Mikebanks, your current indicators which are bullish or neutral in advance of the U.S. presidential vote tomorrow?? Fear and panic selling hopefully behind us?? Pullease!! In my opinion, the fear and panic crowd will continue to ratchet down this market on various news for some months to come. It has to. It has done so in the last several months when analysts said it was over. No, it was not over. There is a lot left to unravel, a huge amount, before the dust settles. To believe otherwise is not wise.

Plus, I am not even beginning to analyze the looming Obama presidency! I am trying very hard to restrain myself.

This man who most likely will be President said the following:

Barack Obama on Tuesday vowed he would break America's addiction to "dirty, dwindling, and dangerously expensive" oil if he is elected U.S. president -- and one of his first targets might well be Canada's oil sands.

Obama is on record as being anti-oil sands. He does not like off-shore drilling like McCain. He loves alternate energy. So he will use his office and that of a Democrat controlled Congress and a Democrat controlled Senate to thwart the Canadian tar sands and the shale oil deposits on both sides of the border.

Now it will be up to Harper and Saskatchewan to thwart Obabma's plans.