It's definitely a positive. We've got a long way to go to get out of the woods, but it's better than being down four days in a row.
New York markets have been up for the last four or five days so you have a little bit of profit-taking that spread over into Canada.
If we could string a couple of winning days together it would certainly give people a little more confidence out here and a little more conviction to buy these things.
Oil is down, silver is down, so we have to assume those stocks will be down. I think we'll be a little weaker out of the gate.
The market's getting very close to being oversold, so I would expect to see some sort of reversal in the next few days.
It looks like the market wants to test some of the old lows here.
A lot of guys are reluctant to take positions at this point in time, but you get some people squaring some positions for the month end,
It is a holiday on Monday (in the United States), so I'm sure some guys are squaring their positions for the weekend.
As commodities fluctuate, underlying securities will follow... That's where they are going to trade for the next little while, as we're going to see volatile swings of this nature.
