I would say today is a surprising finish with the gloomy predictions of the last two days.  Home sales managed a flash in a pan while crude oil prices drop below $129.  I am quite amazed as the crude oil price is fairly inelastic but then there are signs that the good times for the OPEC nations had caused others to cut back on usage, hence the drop.   If the major economies like USA enter into a recession, this would adversely affect the prices of crude oil.   For every period, we have sooth sayers.  They once predict the Dow will go to 20 000, they predict oil to go to $200.  Once their predictions are wrong they went back to hide until the next round of predictions and offer their guess work again.  Economics especially shares are extremely hard to predict/guess.