Connacher Oil & Gas Ltd CLLZF

RE: Conquering the great divide - one pod at a ti

[Tradesman]

Nice posting - slonez! Connacher is moving along steadily and sticking to its plan. After reading the latest posts from all the whining contributors, I decided to step back and take a look at the long term chart of CLL. It looks pretty solid to me, almost like a very slow moving cup & handle chart pattern. In the grander scheme of things, a fluctuation between C$3.50 and $5.50 is really insignificant. However, in the short term it may hurt those who thought it was going to move faster. We just need to be patient! Since the trend is now slowly upwards, we should relax a little and enjoy the ride. I am, of course, banking on the "Plunge Protection Team" to solve the "credit crunch" issues which are still causing ripples in the markets. However, during the last week, oil stocks have been holding up pretty well in contrast to financials, so this looks like the sector to be in right now. Good luck to all CLL longs - eventually, the rewards will come!