Well yesterday we hit a double bottom ...the first on the 28 Oct..and yesterday retested..

And as we all know it is the financial s that always lead us out of a recession...

So what has all this have to do with KXL....

Market sentiment....that is what....We have to see some green to get the buyers to shake loose and start buying and nibbling around the gold stocks..and other commodity stocks..but the financials..banks and insurance companies will get going first ..and tha is what I am seeing this morning...so are we on our road to a Santa Claus rally...??

Don't know but I would suggest that a tremendous amount of tax loss selling has already taken place and we may be seeing the beginning of a rally here..

Now not all stocks will participate ,but many will..and most will have at least some buying...there is too much stuff out there at .02.... .10 that are below their cash in bank net worth..

And many explorers that are sitting on magnificent mineral claims..and they are worth pennies right now..and many players will want to buy them and hold them at this price,just to have them in a portfolio when the commodities markets eventually recover..and they will...

You can't have houses without copper..or zinc..or all the rest of the manufactured goods we will eventually need when the recovery starts..

So this is like putting money away for a rainy day...except we are putting away beaten down mining companies..

Now some will fail but two in 10 winners will drive a portfolio upwards..for the losses incurred at these prices ..it would be worth a few shares here and there..

For what it is worth..I am calling for a green close tonight..

Portee