I think the move in the DOW today is being overly exaggerated by low volume. Agree though that action in Archie is disappointing. However, I'll take higher highs and higher lows. A close above the 200 today would boost my spirits a little bit.
The picture is being painted by the companies as they report earnings. Both price and production is down. Selling less at a reduced price is not favorable. Cutting expenses and refinancing debt helps but nat gas is keeping pressure on pricing.