Canadian-under $3.00 Stock-Picking Challenge Message Board

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

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To: brian krause who wrote (10890)	1/11/2003 2:02:54 PM
From: Al Collard	of 11802

Hi Brian, Your in with KCA-t @$ 1.05 for 9,523 shares. Chart for Kasten Chase Applied Research Ltd: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G From the chart of KCA we can see the stock broke atop it's major MA's on Friday on above average volume. The white Marubozu candlestick shows the bulls were in complete control but this often leads to a blow off top on the next trading day and then the crash down to support again. If I owned it I would hold and hope to sell into the blow off top, if it happens. If I wanted to buy I would wait for the next test of support. (Wait) Good luck with this pick, Al

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