Besides the Iranian situation, difficulties in Nigeria...have prompted follow-through buying.

The lack of follow through buying to yesterday's brief rally emphasizes that participants have momentarily refocused on fundamentals.

The Governor of Nigeria doesn't think that militants are set to attack again soon and that has apparently prompted a little profit taking in front of tomorrow's reports.

A lot of this is 'just in case' buying.

This is just drifting around. But the Nigeria situation, as the weeks wear on, is providing a firmer floor for the market.

Nigeria, for all its difficulties, offers quite a bit.