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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: Today's downturn--Dondon

Jan 11, 2010 12:49PM

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Jan 11, 2010 04:47PM

Hi Dondon

The Accumulation indicator for CLL was down today which means sellers took the lead.

I looked up to PDP as well.As you can see it has reached a previous small top but I gave it a chance to stop more around 1.38 but here is the accumulation still upwards .That is the lowest indicator.

If I'm right we could get news in January.Don't follow it up that close

I probably will sell at 3.5 then this wave ends.


Jan 11, 2010 07:46PM
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