The market seems to have found a base to spring from its grossly oversold condition.

The market had become grossly oversold by last Thursday, so that had to be worked out. And it looks like cold (at least seasonable readings) are going to continue, at least through next weekend.

The supplies of crude and distilled products appear sufficient to carry the market through the winter.

The budget the report suggests seems to be grossly inflated,

The market seems to be less prone to panic when there's an earnings warning, ... There's the idea out there that perhaps the bad news has already been discounted in the market.

Other than that, he seems to be in pretty good condition.