I went and looked at it last night, and the chain had these little orange spots everywhere. Looked like bright orange rust, but it wiped right off.
I had just washed the bike a couple days ago and then it's been sitting since. Could it just be rust washing out with the water and pooling up on the chain and drying like that?
Here's a picture....

This is what I use for degreaser...
and lube...
http://www.amazon.com/DuPont-Teflon-Chain-Saver-Lubricant-CS0110101/dp/B003OBP63S/ref=sr_1_1?ie=UTF8&qid=1338401880&sr=8-1
On a book I have for the bike, it warned against using spray lubricant due to damaging o-rings. I figured that was 30 years ago and the spray lubes are probably different now, due to that's all I see, so I'm hoping that didn't cause some issue.
Thoughts?
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