"Retail accounts are saying that 1992 is going to be the year the economy turns," the trader added.

"Those numbers were the catalyst" for the day's drop in prices, the trader added.

"Sometimes you could hear a dealer pick up the phone and then click off without saying anything," the trader added.

"There isn't any real trading," another trader added, "because no one wants to buy the paper."

"It's typical, because the market has ignored good news for the last month," the trader added.

As a result, nervous traders have added 8 cents this month to the price of gasoline for May delivery.

"The market has drifted into a very tight trading range," the trader added.

"There is only one thing to be concerned with," the trader added.

"The tone in the market is still the same," the trader added.

The trader added that he "didn't know who to listen to."