long term oil chartlooking at cl-ft chart ...max time frame ....on globe and mail site.....it is similar to ink blot or cloud formation...depending on your ideas you can draw any conclusion to support your interpretation ...more to drop...due for rebound..long term bottoming at 40$..30$....from 1984 to 2000 oil stayed below 30$..if we stayed low for extended period,who will survive...oil is at 45$ today ..down $1.25..don t where bottom is.....will let market show me..[ like the saudi ]....tough decisions loom as time unfolds..hedges last for only so long and debt elephant sits quietly in the room as options are weighed..am holding and will continue to hold 5300 cpg @36.93 and 2444 pwt @ 17.79...am wondering why gritzfeldt sold 15000 shares total 450,000$...vp of engineering east...and borggard sold 6000 shares total 176,400$..vp corporate planning....both sales are a lot of money ...do they see something coming ?...see canadian insider..good hunting to all