We may not be out of the woods yet and further liquidation and selling could be lurking. Tonight's weekly chart closes will be important in determining near-term price direction.

On Barbie, we're not out of the woods yet, but I do feel better about where we are than I have for the past nine months.

I'm suspicious of their story, ... They are not out of the woods in this one yet.

Liquidation, liquidation, and more liquidation, ... It's a steady drumbeat of selling across the curve.

Customers should really heed the warning that we're not out of the woods yet. We could still have a cold February and that could certainly make the market volatile again, so customers should not get complacent. The more customers continue to reduce usage, the more they'll see lower bills and also help the situation.

Correction? What correction? With the shorter-term players locking in profits and systematic CTA (Commodity Trade Adviser fund) selling met by trade and hedge fund buying, base metals have stabilized after a volatile 24 to 48 hours.