Volume
Volume is just so low, I mean there is no conviction on this move down though. I am not convinced yet that this the next leg of the down trend, pardon the pun. I am not even sure that a close below the 200 day is confirmation. I owned stock in Tourmaline when they closed it under the 200 day I think about 4 times in a row then click it bounced up. Obviously I don't like this action, however, the Bakken oil classification thing has me a bit more spooked, maybe the market is too. I am not going to sell though because I can handle the down side risk as of now. I am looking at a longer term hold anyway. Still pretty depressing after not seeing any rally into the New Year. Cheers Matthew