Re: Anyone Get the Feeling====
in response to
by
posted on
Jan 14, 2011 01:16AM
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
Den
I stated clearly in the post at the beginning that the numbers were based on exact timing.
The purpose of the excessive was to illustrate the margins that could have been achieved had one done so or any variation thereof. It was also a response to your post about there being no pattern according to the charts over 10 years where clearly there is. So it's pretty obvious that barring any major unforeseen events that would cause an anomaly. if an investor enters into a position of CLL around Nov when they think the lows are being tested then sells after New year when they think the highs are being tested there's a 100 percent chance of achieving a profit. The amount however will be dependent upon how well you chose your entry/ exit points. CLL obviously has it's season and Mid Oct to early April seems to be it..When CLL needs to raise cash by debt or dilution it's usually in the fall to pay for drilling causing SP to tank. This period is also drilling season and oil usually trades higher in the cold winter. January to April 1 is RRSP season so the market in general does well as new cash is coming in when people who can afford it park their RRSP money and Sp is driven either up down in anticipation of Q1 numbers..Whatever the reason these are good months.