The Toronto stock market tumbled alongside indexes all over the world Monday amid growing signs of American consumer weakness.

Sharp selloff jolts markets

Time To Buy CLL

Connacher Updates Corporate Slide Presentation on Website

CALGARY, Aug. 17, 2009 (Canada NewsWire via COMTEX) -- (Canada NewsWire)
Connacher Oil and Gas Limited (CLL-TSX) announced today that it has posted an updated corporate slide presentation on its website at www.connacheroil.com. Click on the Investor Information link and go to Presentations.

Connacher Oil and Gas Limited is a Calgary-based bitumen, crude oil and natural gas company. It is primarily an oil sands company, with operations at its 10,000 bbl/d Great Divide Pod One SAGD plant in northeastern Alberta and with plans to construct its second similar sized SAGD project at Algar. It owns conventional Canadian production and reserves and Connacher also owns a 9,500 bbl/d heavy oil refinery in Great Falls, Montana and a 24 percent equity stake in Petrolifera Petroleum Limited (PDP-TSX), a successful production and exploration company active in Argentina, Colombia and Peru in South America. Connacher's shares and convertible debentures are listed for trading on the Toronto Stock Exchange.

SOURCE: Connacher Oil and Gas Limited
Richard A. Gusella, President and Chief Executive Officer, OR Grant D. Ukrainetz, Vice President, Corporate Development, Phone: (403) 538-6201, Fax: (403) 538-6225, inquiries@connacheroil.com, Website: www.connacheroil.com
Copyright (C) 2009 CNW Group. All rights reserved.

2009 a summer of 50 year olds- not your mother or grandmother 4 sure

las vegas - miss 50 year old

boys who said life doesn't start at the age of fifty !!!!!

Organizers confirmed that they’re all 50 years old.

The event took place in las vegas

Miss 50 years old

See all the pictures here

And talk about being stacked check out these racks below

Talk about German efficiency! The two photos below were taken at a new parking garage in Munich. The actual space that the facility occupies is approximately only 20% of a comparable facility with the traditional design that is used primarily in the US.

Not only is the German structure less expensive to build, but vehicles are also "retrieved" in less time and without the potential of being damaged by an attendant.


These photos are authentic, though mislabeled. What you actually see above is the interior of a 20-storey car tower in Volkswagen's Autostadt or "car city" in Wolfburg, Germany — basically a car dealership and theme park rolled into one.

The Autostadt, which opened in 2001 and boasts a hotel, restaurants, a museum, and other attractions, sees over 1 million visitors per year. Car buyers take delivery of their purchases via a fully automated procedure whereby the automobile is plucked robotically from a cubbyhole in one of the two "twin towers," each of which holds up to 400 vehicles, and brought to its owner on a special elevator.

Image credit notes: The top image has been previously credited in news stories to AP photographer Fabian Bimmer, who in all likelihood is also responsible for the second one.

TSX rises 1.55 percent to 10,825.56

TSX rises 1.55 percent to 10,825.56

* Mining, energy, industrials lead broad rally

* Surprise European growth helps sentiment

TORONTO, Aug 13 (Reuters) - Toronto's main stock index rose
sharply on Thursday as surprisingly strong European economic
data buoyed sentiment and commodity prices, sparking a
resource-led rally.

Reports showing recessions in Germany and France ended in
the second quarter overshadowed disappointing U.S. retail sales
and weekly jobless claims data, and allowed investors to become
increasingly more comfortable with risk in their portfolios.

Copper rallied to a 10-month peak on the strong sentiment
and gold rose on concerns about inflation, boosting the TSX
index's materials sector by 2.84 percent. Energy issues gained
1.88 percent as oil also ended higher.

"It does seem as though it's the premise that the North
American and global economies are strengthening," said Elvis
Picardo, analyst and strategist at Global Securities in
Vancouver.

"It's a good rally on the back of that sentiment."

Among materials issues, Pan American Silver jumped
10.4 percent to C$22.53, and copper and gold producer Quadra
Mining rose 7 percent to C$12.51.

Among oil and gas producers, Talisman Energy
gained 3.7 percent to C$17.55, while Nexen jumped 3.6
percent to C$23.41.

Altogether, the Toronto Stock Exchange's S&P/TSX index
climbed 165.69 points, or 1.55 percent, to end at 10,825.56.

($1=$1.09 Canadian)
(Reporting by Cameron French; editing by Peter Galloway)

Pescod asks is Natural Gas finding a bottom?

For anyone who has been through the markets over the
last year, you know we’ve experienced something the likes
of which hasn’t been seen in a few generations. Not every-
one agrees that we are going back to more normal times—
whatever they are, but for those who were brave enough
five and six months ago to tiptoe back into the market, aver-
age down or whatever, there have been some amazing re-
wards.

At least for those stories that didn’t go bankrupt,
there have been some amazing rewards.

We’ve seen everything from base metals to oil to trans-
portation companies to you-name-it rebound significantly in
the last while, but there are two sectors that we have yet to
see much joy return. One is uranium and the other is natu-
ral gas.

If anything, natural gas has been steadily getting worse.
That doesn’t mean there is a lack of interest though be-
cause everyone assumes if you could figure out the bottom
for the gas cycle, there will be some abundant rewards
there as well.

One key is the absolutely outrageous volume being
traded on natural gas ETF’s, which tells you there are more
than a few people trying to pick the bottom.

For some thoughts on natural gas and when to get ex-
cited, we go to Doug Bartole, the well thought of President
of Vero Energy, one of the lower cost producers in the natu-
ral gas field.

Bartole’s first comments to us is about how it
has been the first of times...first of all, with so many drills
turning, so many wells drilled both in the United States and
Canada, it just provided the huge supply and then with the
economic landscaping getting lambasted, hitting industrial
demand, and now he points out we’ve even had a cool sum-
mer which has meant not many in Chicago, New England or
Eastern Canada have needed to turn on the air-conditioners
on at all.

As the key for investors as to when to get into the mar-
ket, Bartole looks at one number and that’s the number of
rigs that are turning. “It’s all about the rig numbers” he
suggests and he is rather frank in suggesting he wouldn’t
mind seeing gas in the $3.50—$4.00 area for a while as it
would keep the rig counts down.

In the meantime, for the second quarter he can see a
drop of natural gas supply in the United States of as much
as 4 1/2 to 5 BCF by the second quarter next year and 1 to 1
1/2 BCF in Canada because of current decline rates of al-
most 30% from producing wells.

Some of the excitement from the shale plays in the
United States which has caught the market’s attention he
also suggests are interesting because they produce big
flush production that sees dramatic drops in that produc-
tion.