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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

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Message: Re: Now that's a switch
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Aug 28, 2009 12:47PM
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Aug 28, 2009 01:11PM

dodon:

how many times have we posted that these bulletin boards. especially SH. are good indicators as to the direction the MM's are going?

Nice to see SP stay above $1.00 during the lunch hour, don't know if this is going to stick or not but most analysts I've heard say CLL is undervalued, so maybe this is a reflection. Then again could be just another trading cycle. When the shorts have made all the profits they can going down and others have loaded up on cheap shares, the only way to profit is up..Alas then the cycle will repeat itself BUT hopefully after each cycle the bottom support is higher than before. Then again they say the market is forward looking and it's possible that this uptick may be a reflection on hopes of a stronger 3rd qtr. Who knows, it's out of our hands....

BUT keep reading all the boards, when the upwards volume dries up and the cheerleaders have called it a day, the doomsayers will return to cheer the SP down..When the downward volume dries up the cheerleaders will return and the cycle goes on.

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