Suprise move in the PPS this morning.  Volume remains unimpressive, but this sustained move higher is noteworthy.

I have to repeat here that I do not believe the pending appearance at the Las Vergas Money Show is behind this.  If anything makes sense (to me), I believe it has to be that the market senses that a drilling annoucement is emminent, likely BEFORE the Money Show.  

But this is just my sense of things.  I could be very wrong.  If so, the Money Shows will be more like a "Hail, Mary" in the final play of a football game.

At least this market is getting interesting again.

Where's the chatter here?  No one paying attention?

VP in AZ