roger mcame. jon as well. >>> let's move to oil.he price of crude in the green right now after touching a low. it hadn't seen since july of 2009, below $68 a barrel. that happened earlier this morning. but it has since bounced back. michelle caruso cabrera is back at hk to tell us what's going on in this reversal, mcc. >> citi's technical research team has called a bottom in the near term and possibly in the medium term when it comes to the price of oil. they have a note out this morning saying are we there yet? we suspect yes. it's a technical note. i can't possibly do justice to it on cable tv at this int po. but suffice it to say they've gone back and looked at the big sell-offs from 1998nd 2009. they say the key level is $62.91 per barrel if you compare the sell-offs back then and assume it's going to be roughly the same now and they say, look, we got to $63.72 this morning. so they think we're pretty much there. they also say that monthly momentum is completely oversold just as it was back in those two key time periods as well.