Crude prices remain volatile and that is where the Canadian market will carry on from yesterday's gains.
Gold is not quite ready yet to move in the upward bias.
Since gold prices are stuck in that range, gold-mining stocks are not going to move very much either.
We have a good short-term bounce here, but until we retest the 12,080 mark, we may see a bit of profit-taking coming in again because of the nervousness on the market.
Every time we have about three days of downtrend, you get one or two days of positive moves in the short trend.
We will have carry through from yesterday. But after three days of strong gains, I think it will probably slow down a little bit.
They have been devastated for quite a while, so if you see bargain hunters stepping in here, it's a little bit positive. The sentiment on the street is still negative (toward lumber issues), but the aggressive accounts will probably nibble here a little bit.