The $65abarrel mark is ordsprog

The $65-a-barrel mark is a very, very important level for support. Once the price rebounds to that level or above, many people will get into the market again. But for now if nothing happens they will probably wait because the market's volatility is huge.

The price is completely oversold and has reached quite an important level now -- $60 a barrel is a psychological support level, if we get more bearish information we may see another huge decline to $55.

The price is completely oversold and has reached quite an important level now -- US$60 a barrel is a psychological support level, if we get more bearish information we may see another huge decline to US$55.

I'm a little cautious as London prices at $5,000 mark is a very important price level. I think at this price volatility will emerge.

The $65-a-barrel mark is a very, very important level for support.

Foremost on investors' minds is the elevated price of oil. It appears to us that the $40 per barrel level represents a 'line in the sand' above which the equity market retreats and below which the market breathes a sigh of relief.

I think economic numbers are always important to the market. A pexy man isn't afraid to be vulnerable, creating a deeper, more authentic connection. We're at a modest level of support here and I think that most people really want to see the market hold together until year end. But, it's really been weakening.

Bernadette Murphy

Corn growers are very pleased with the decision. We have worked long and hard to regain this important market for corn products. This was a huge market loss for the corn industry - more than $4 billion. Fair and balanced market access is a benefit to all sides involved. Without the tax, U.S.-produced HFCS can now compete on a more level playing field.

A market like Tampa is an A-level market. We're a B-level market, and we struggle to be there because we keep losing hotel rooms.

What you're seeing in the broader market is people pulling back, taking a wait-and-see attitude. Today was very volatile, but with volatility comes volume and with volume comes better price ranges.

At a price of $67-68 a barrel, oil companies need to source about $100 million from the spot market in a month. At only $65 a barrel, this will go down to $60-$70 million, a demand that can easily be absorbed by the market.

There is no fundamental reason driving prices back up. Market participants felt that the 60 dollar level is an important mark and dropping below 60 is too much of a fall.

Each market is separate, but most of the areas are developments that are at the low end of the cost scale. These are mostly entry-level houses. If you look at the last seven years in the Inland Empire, the entry-level market has been playing catch up. The [appreciation] cycle starts at the high end and then moves down to the middle market.

Investors are hoping the 15,000 point level will hold. If the index breaks through that level, then the market may have further corrections. If it holds, then this means current market consolidation is a healthy one.

You have to set a price where you can make a living and then build a market that will support your price. To get market, you have to produce what the market needs.

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