In times of dramatic share price or market decline, more than one analyst has stated "sometimes you have to miss the first ten percent of the recovery".

I think this might hold true here.  I believe we need the broader markets to stabilize and start a firm recovery before we will see KXL follow suit.  That is of course in the absence of some additional earth shattering news that I don't believe is on the horizon.

"The trend is your friend" can also be expressed as "its always difficult swimming upstream".

Not sure if I am going to add to my position but definately going to await market open and some indication of trend.

Anecdotally - Fridays are good for my portfolio about 90 percent of the time.  Lets hope that trend continues.

Onward and Upward.