This is from stockhouse today:
The S&P/TSX composite index jumped 351.87 points to 14,213.39, its second straight triple-digit advance and the biggest one-day gain since November 2011 as traders continued to buy up stocks oversold in the course of a steep fall sell-off triggered by plunging oil prices.
``Whether you characterize this as a relief rally or something a little different is hard to say,'' said Bob Gorman, chief portfolio strategist at TD Waterhouse.
``But certainly you had such a pummelling and, at some point, . . . you start to get a little sober second thought, people start running the numbers and not simply reacting as some players do, just pitching everything overboard.''
My thoughts: The above is in regards to the main exchange, the venture has been pummeled much, much harder and if there is any justice it could bounce back a lot more. It doesn't just have lowhanging fruit, the ground is littered with discarded fruit.