One disadvantage of sitting with a bunch of news wires scrolling in front of you is that first reports are often wrong…
That seems to be the case this morning in Bahrain. Early reports had a Saudi soldier being killed. The Saudis say no. There have been reports of a protester and of a policeman being killed…Hard to get much of a feel for what is true. Suffice it to say, there is a good deal of violence. Reuters now reports 200 wounded…
Oil prices are well off their lows, now down $2.60 at $98.65. $96.71 was the session low.
