RE:low?what we really need is for the consensus that oil has clearly bottomed. We are starting to hear chatter in this direction - so I think we are close. When this happens there will be a huge sector rotation into oil. Presently there are many funds and institutional money that are either underweight oil or out completely. So once the bottom is more or less declared, there will be big woosh of money moving back in. That's when we can expect the big move in SP.