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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: John E.Quinn who wrote (2519)	5/14/2001 3:40:37 AM
From: Al Collard	Respond to of 11802

Hi John, Your in with WM-t @$1.45 for 6,896 shares. Chart for Wallbridge Mining Company Limited(WM-t): stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for WM the first thing I noticed was the double bottom the stock put in and then the double top. The stock has been all over the map and I would suspect by the volume spikes the stock is news driven as are most mining stocks. This stock is trading above it's 100MA @$1.30 which should act as support and below it's 200MA which should be major resistance. The stock needs to hold right here before the +DI crosses below the -DI on the ADX. The diminishing volume of late has both the Stochastics and MACD trending down. Hard chart to get a real good read on but interesting to say the the least. Welcome to the Canadian-under $3.00 Stock-Picking Challenge thread John, it's always nice to see some new entrants. Good luck with your pick, Al