Sharky:
When it comes to Connacher, have you ever considered that there is little to no logic. Only the emotions of euphoria and panic that are in the market at any moment. And such is heavily influenced by the actions of manipulation and is thereby frequently unpredictable. Without the knowledge of the intent of the institutions regarding accumulation or distribution, it becomes almost impossible to accurately predict the movement of CLL SP. So, frequently we are left only to guess at the actions of the institutions and our ability to read tea leaves! Therefore, sell into every rally and then guess as to the bottom of every selloff. The institional effect cancels out all else!
Brian