Right on the money Sharky.

CLL is in the downward trading channel started in June 6 at about $4.8 Yesterday it almost broke the upper band of the channel but unfortunately as we know the slide continue despide the record Oil prices.
There are some stronger energy stocks which are performing better then CLL. TSX Energy index has similar pattern like the CLL.

There is nothing anybody can do. Watch the VIX index. If it moves above 32 I may consider to do some major buying. At the present time 82% in cash. Do not be a hero. This market is crazy.