Today really sucked, I had hope when I saw the trading get back to .86, as that's above our 10 day MA (.84), but hey I guess it's time for a breather and a time for those who missed buying it cheaper to get some now as we did the 90 cent dance for a couple days there.
A 13 cent intraday swing is buying opportunity for some imho. You are right about the general market sentiment as well. Nothing goes straight up.
http://stockcharts.com/h-sc/ui?s=ISM.TO&p=D&yr=0&mn=6&dy=0&id=p33482482221
"The Toronto stock market gave up earlier gains to rack up a triple-digit loss by mid-afternoon Monday as a burst of strength in the U.S. dollar sent commodity prices and the Canadian dollar down sharply."
http://ca.news.finance.yahoo.com/s/26102009/2/biz-finance-stock-markets-fall-u-s-dollar-strengthens-commodities.html
Look at the general trend on the TSE over the last 5 days, let alone today. More like a near 400 point haircut isn't it? Look at how today the stock mirrors the TSE perfectly.
Then there's our precious which has been trudging along doing the 90 cent flirt until today.