Re: CLL vs Oil price
in response to
by
posted on
Nov 20, 2008 11:40AM
Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta
Rebels
Another bad day and the recent floor has collapsed for the other indexes as well .So room for a lower step again tomorrow I guess.
Looking to closing price for CLL it's the second big red candle and I doubt this is the floor right now.What I'm looking for as possible bottom are hammer candles or the so called morning star candles which are small ones but with gap .Negativism is all over.After automotive stocks focus I heard is now on chemical companies.
One small light to focus is the september 2003 bottom which is not far away from todays lows.
PS Smart idea for the methane.If I was a farmer I could use my cows to fill the tanks.(lol)
|
<a href=" target="_blank"><img src=" width="445" height="25" border="0" alt=""></a> |