I'm going to watch the movement but I suspect that it will bounce along the 1.80-2.00 range, affording some swing opportunities.
Most of the biotech stock I had been following/trading have been moving downward without many pullback opportunities in the right direction and the risk was too high. As a result, the blog as suffered from a lack of posting lately as I have felt a general ambivalence to the Canadian markets and what I would consider meager opportunities.
Miners have done a bit better, but with gold hitting resistance at ~1170/oz I believe most companies still are only able to offer thin margins at best, and the good ones running at around 600/oz all in costs are still getting dragged down with the rest.
I have a number of companies I have been meaning to spotlight ones I think are a bargain deal for those who believe the sector is at, or somewhere near to bottom.