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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Duff Gain who wrote (1993)4/21/2001 3:46:09 PM
From: Al Collard   of 11802
 
Hi Duff,

Your in with CPT-v @$.50 for 20,000 shares.

Chart for Capital Alliance Group, Inc.(CPT-v):

stockcharts.com[l,a]decanimy[pb50!c20!b100!b200][vc60][iLa12,26,9!Ll14!Lh14,3!Lf]

Looking at the chart for this stock and we can see it has been in a long downtrend on diminishing volume. The MACD and ADX are both pointing to further downside but the Stochastics does appear oversold. In a prolonged downtrend the Stochastics can stay in oversold territory for long periods of time. All in all a very bearish looking chart.

You seem perplexed with this stock Duff and your definitely not the only one. I've been in this stock myself for a long time. I love the story behind this stock but don't have one single good thing to say about the chart. <ggg>

Good luck with this pick,
Al
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