Re: Chart

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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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jurek

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Re: Chart

in response to

Chart

sharky

posted on Oct 06, 2008 07:36PM

Good point Sharky on bounce back from the technical point of you.

If you look at Intraday RSI CLL has identical charts like most of the good energy stocks in the TSX energy sector.

Shorts may have not much to do with today action. Free software from E-trade show $2.87 as a stop lose for shorters. Unfortunately or not you can not sell short stocks traded under the $5 so this number is useless for most of individual investors.

Tuesday Morning opening looks good. Oil futures are $1 up (over $88). SPX, DOW and NASDAQ futures are also higher. Hopefully Toronto will follow. Do not know how long it will last.

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