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

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To: Duff Gain who wrote (3264)6/17/2001 5:00:03 PM
From: Al Collard  Read Replies (1) of 11802
 
Hi Duff,

Your in with MGI-t @$1.74 for 5,747 shares.

Chart for MGI Software Corp.(MGI-t):

stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9]

Looking at the chart for MGI we can see the stock set a new 52 week low on Friday and is currently trading under all it's major MA's. The stock now has resistance @$1.95 it's 20EMA and all the chart indicators are bearish and pointing to further downside. This stock needs a big rebound in the tech stocks and a take out of the 20EMA with force to right itself in the near term. JMHO...BWTFDIK

Last NR from MGI-t:

newswire.ca

MGI-t website:http://www.mgisoft.com/

Good luck with this pick,
Al
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