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: Al Collard who wrote (10956)	1/17/2003 10:32:53 PM
From: Al Collard	of 11802

This week I will go with IW-t @$ .285 for 35,087 shares. Chart for Infowave Software, Inc; stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G From the chart of IW we can see the Gravestone Doji candlestick from Friday's trading showing the bulls closed the day in control closing the stock at it's low of the day. The lower than normal volume on the sell-off tells me there wasn't a stampede to get out of the stock just a lack of buyers. I'm going long here betting a short term bottom is in, however the chart is saying wait to see if this current downtrend reverses. (Wait) Regards, Al

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