Some late afternoon volatility hitting the markets at the moment. Oil is being hit especially hard, now down $2 3/4 on the day as longs looking for a break of $75 head for the hills. Stocks put in another sizeable bounce only to come back off once again. Usd/Cad has continued higher to 1.0850 as the BOC’s Lane shows dissatisfaction with the Loonie’s strength. This all goes to show you that how a market is positioned is one of the major factors in its future performance.