The bin Laden tape has caused a knee-jerk reaction on the part of the market.

The market was concentrating on Nigeria, Iran and the latest bin Laden tape.

It's a knee-jerk reaction to a surprise.

in the short term we could see a knee-jerk reaction higher.

My immediate, knee-jerk reaction was that we can live with this, ... On the other hand, this is bigger than we've seen before.

The market is on edge; it's looking for directions. There's a lot of volatility now, which is characteristic of a tight supply situation.