Capital Alliance Group - CPT (CDNX) Message Board

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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

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To: Frankly Speaking who wrote (869)	4/30/2006 12:50:48 PM
From: marcos	Read Replies (1) of 960

And the listing on Toronto, don't forget to never-mind that -g- One major s/r level is 1.25/1.26, where it traded a lot in summer 2000, and got back to in late 2003 ... last time around it was a spike to this level, with no base built nearby ... this time there is much more of a base, and if we fiddle around at the loonie level for a few weeks it will be made yet more solid ... or at least that's my theory, comes from using the qwik squint-'n-guess method on this - stockcharts.com So it looks like resistance could become support at 1.25ish, before too long ... i'm still considering selling a few around there, to lower acb of the rest, but staying awake for reloading in the 1.30s is probably smart, because from there the next old s/r level is in the 1.70s [? - completely from memory] ... that's still well below NAV, and nothing for growth prospects, but holding companies can stay at less than the sum of their parts for long loong periods

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