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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: hx4 who wrote (4205)1/5/2003 7:11:46 AM
From: Al Collard  Read Replies (2) | Respond to of 4470
 
Hi Harry,

Your in with SWG-t short @$ 13.76 X 1,453 shares.

Chart for Southwestern Gold Corp:

stockcharts.com[w,a]dacaniay[dc][pc20!b100!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of SWG we can see the black candlestick from Friday showing the bears were in control, it appears a bout of profit taking kicked in. The lower high and lower low is bearish along with the lower close as the stock is showing that it is overbought. But after such a big share price run-up some profit taking is to be expected. I would wait to short the stock if it dips under $12.50, showing a trend reversal. It would be better to take a bite out of the middle on a short than sit in agony as the stock breaks out to new highs. JMO (Wait)

Good luck with this pick,
Al



To: hx4 who wrote (4205)1/5/2003 11:15:34 AM
From: geoffb_si  Respond to of 4470
 
That was my 2nd choice, Harry...BWTHDIK! ;-)

Geoff



To: hx4 who wrote (4205)1/6/2003 4:29:03 PM
From: Al Collard  Respond to of 4470
 
The Stock-Picking Challenge Results After Monday:

LATEST
CASH
ENTRANT STOCK #SHARES PRICE VALUE


Al Collard CLS-t 847 @$23.61 $21,513.80 2nd
brian krause WTC-t 4,878 @$ 4.10 $20,341.26 4th

Carter B K-t 5,063 @$ 3.95 $19,644.44
Ceedee CKG-v 5,681 @$ 3.52 $19,656.26
Chucka Marsh GSC-t 6,116 @$ 3.27 $19,387.72
Daytek77 AUR-t 5,063 @$ 3.95 $19,543.18
dsit BAY-t 4,545 @$ 4.40 $19,225.35
geoffb_si BLD-t 1,069 @$18.70 $20,000.99
Gofer GBU-t 4,310 @$ 4.64 $20,257.00 5th
hx4 sh - SWG-t 1,453 @$13.76 $23,858.26 1st
jonpeetee LIM-t 4,000 @$ 5.00 $21,000.00 3rd

KC Jones MDI-t 5,555 @$ 3.60 $19,720.25
Killick RIV-t 5,333 @$ 3.75 $17,492.24
mark calgary WN-t 218 @$91.39 $19,979.70
Miner NRI-t 3,724 @$ 5.37 $20,035.12
SAM-DAN G-t 971 @$20.59 $19,614.20
tyke QBR.b-t 1,384 @$14.45 $19,735.84



To: hx4 who wrote (4205)1/6/2003 4:35:10 PM
From: Al Collard  Read Replies (1) | Respond to of 4470
 
Stock-Picking Challenge...Top 5 Picks After Monday:

1st: hx4 sh - SWG-t...$23,858.26 +19.2%


2nd: Al Collard CLS-t...$21,513.80 + 7.5%

3rd: jonpeetee LIM-t...$21,000.00 + 5.0%

4th: brian krause WTC-t...$20,341.26 + 1.7%

5th: Gofer GBU-t...$20,257.00 + 1.2%

Congratulations Harry on your 1st place finish !!!

Your SWG short was smoking today Harry. Great job
of stock picking.

Regards,
Al