Like a radio tune, I swear I've heard before
--Duran Duran
While many are focused on the weak payroll number this am, the eyebrow raising action is in oil. Crude has been hammered over the past few days and now sits at a 3 month low.
Old trader's tale is that big directional moves in commodities lead stocks...
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![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
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U.S. dependence on imported oil fell below 50 percent in 2010 for the first time in more than a decade.
~Robert F. Cekuta, U.S. Deputy Assistant Secretary, Bureau of Economic, Energy & Business Affairs
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