| TOP PICK | | Gannett Inc. | GCI-N | 18.390 | Had a lot of debt and some concerns with top line sales. Found a very strong Buying bottom indicated by volume and a nice turnaround in stock price. Use a stop loss of $16.50. | 2008-07-30 | |
| TOP PICK | | Vitran Corp. | VTN-T | 17.780 | Local trucking company. Good fundamental story. Formed a nice base with a positive breakout because of earnings. 50 day moving average is poised to overtake the 200-day moving average, which is very good technically. $15.75 is the stoploss. | 2008-07-30 | |
| TOP PICK | | Atco Ltd | ACO.X-T | 52.250 | Diversified energy company. Dividend of almost 2%. Fundamentally very stable and it is important to have some stable stocks in your portfolio. $48 would be the stoploss. | 2008-07-30 | |
| PAST TOP PICK | | CitiGroup | C-N | 18.810 | (A Top Pick Feb 20/08. Down 27.7%.) There is an opportunity here but you have to be very cautious because of continuing volatility. Had recommended a Stop of $24. | 2008-07-30 | |
| PAST TOP PICK | | Alberta Clipper Energy | ACN-T | 2.710 | (A Top Pick Feb 20/08. Up 22.5%.) Natural gas had a nice rally but has since come off. Has the potential to go back up to $3 but would be very cautious as it is risky. Would prefer others at this time. | 2008-07-30 | |
| PAST TOP SHORT | | George Weston Ltd. | WN-T | 44.090 | (A Top Short Feb 20/08. Gain of 7.7%.) Would probably be covering this one right now. Wouldn’t invest in this one way or another. | 2008-07-30 | |
| BUY | | NAL Oil & Gas Trust | NAE.UN-T | 14.850 | Decent rally with the inevitable pullback. Can see it going back up to $16 but not beyond $18. You have to really watch commodity prices. If it drops back to $14.30, he could see it hitting the first resistance point of $13 and then perhaps to $12. Quite hopeful on oil/gas and related sectors. | 2008-07-30 | |
| PARTIAL BUY | | Bank of America | BAC-N | 33.610 | Selling climaxed at huge volumes. The rally is very encouraging. A good short-term target would be about $39. Looking for resistance at $36.50. If it comes back to the $25 level it could stay there for a while. You could take a partial position and every time it moves up add more. | 2008-07-30 | |
| BUY | | Encana Corp | ECA-T | 75.950 | Like so many energy plays, stock dropped off considerably. Just above the 200-day moving average. Positive news on energy indicates support on the upside. Rally in the first part of the year was built on a lot of enthusiasm. Don’t think you will see the same in another rally. | 2008-07-30 | |
| DON'T BUY | | Yamana Gold Inc. | YRI-T | 12.900 | Not a big fan of gold right now. Speculators will be moving out of gold and into something with more support. Stock is at a support level right now and there is a good chance it will break through and not a lot of support until about $10. | 2008-07-30 | |
| DON'T BUY | | Pine Tree Capital Ltd. | PNP-T | 1.800 | Had a big drop last August followed by a nice rally in an attempt to recover from the highs. Market gave up on any positive news late last fall and now the stock is making new lows. Long-term prospects do not look good. | 2008-07-30 | |
| BUY | | Trans Canada Corp | TRP-T | 38.720 | Dividend Reinvestment Plans (DRIPS). Very popular on high paying dividend stocks. Will be trading back and forth between $36 and $4 for a long time. Can’t see a lot of downside pressure on the stock. | 2008-07-30 | |
| BUY | | General Electric | GE-N | 28.970 | Will follow the markets quite a bit. Fairly significant drop in April and then a continuation. $30.60 was the first resistance point. If it can break through he thinks it will move up quickly to $32.30. Be very careful if it drops to about $27. Put your stop at $26.90 or $27. | 2008-07-30 | |
| BUY | | SNC-Lavalin Group Inc. | SNC-T | 55.260 | Likes infrastructure stocks. 200 day moving average shows a lot of nice support. Recent rally was quite steep so is pulling back now with a chance it could go back to $50 but is still in an uptrend. Use the 200-day moving average as your stop. | 2008-07-30 | |
| DON'T BUY | | Eastern PlatinumLtd. | ELR-T | 1.810 | South African platinum mine. Along with golds and other precious metals, there will be a lot of pressure on these stocks. Stock could easily see $1.34. Could have a quick bounce up to $2. | 2008-07-30 | |
| DON'T BUY | | Silvercorp Metals Inc. | SVM-T | 4.900 | Not a lot of support down to about the $4 range. The long decline and the degree is not a good sign. It indicates something fundamental with the company. If it drops to $4, he could see another $1 drop. | 2008-07-30 | |
| DON'T BUY | | Shore Gold Inc. | SGF-T | 1.660 | Diamonds. Any potential support levels have been broken. Stock will be under tremendous pressure. Will probably go below $1 unless there is some positive news. | 2008-07-30 | |
| BUY | | Agrium | AGU-T | 93.470 | Likes the action right now. Thinks it has reached a bottom. Very strong support at $86. Looking for it to break above $100. If it does that with conviction, you should see new high, probably in the next 4 or 5 months. | 2008-07-30 | |
| DON'T BUY | | Toyota | TM-N | 89.050 | Chart shows a very clear channel downtrend. At the lower end of the range right now. Selloff in June/July was quite dramatic. Doesn’t see a tremendous amount of buying in the charts. Support is at around $8 and will probably hold there for a while. | 2008-07-30 | |
| TOP PICK | | Inmet Mining | IMN-T | 79.330 | This is a short term trading idea. Has a nice trend with a good support level. Very volatile. Just looking to make $10 but if it continues and there is momentum he'll continue holding. Would be careful if it dropped below $75. | 2008-05-02 | |
| TOP PICK | | ING Canada Inc. | IIC-T | 40.300 | Financials are bottoming out and turning around. Think they will add a lot to the TSX until the end of the summer. Chart shows a bit of a double bottom. $37.50 would be his stoploss. | 2008-05-02 | |
| TOP PICK | | Phoscan Chemical Corp. | FOS-X | 1.750 | In fertilizer, you have nitrogen, potash and phosphates. Developing a phosphate mine with a view to both mining and producing. Nice incline in the price in the last year. Volume is very good. Stop loss would be $1.50 and a target price would be $3 or $4. | 2008-05-02 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Materials: - There is huge non-North American demand for metals and materials. A lot of these stocks are a great buying opportunity. Chart shows an upward trend, which is fairly strong. | 2008-05-02 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Energy: - Energy stocks are a little tricky as they can be subdivided further. You have large caps (which are doing really well) as well as smaller service companies and drillers etc. Chart shows positive results but the larger companies drive this. Some of the smaller companies are bottoming out. Very positive signs. Thinks people shorting oils are going to get burnt. | 2008-05-02 | |
| PAST TOP SHORT | | I Max | IMX-T | 6.760 | (A Top Short Dec 14/07. Up 2%.) The call was, if it traded above $7 he would reduce his position. Didn't trade about this for a very long so he kept his position. Still shorting. | 2008-05-02 | |
| PAST TOP PICK | | Manulife Financial | MFC-T | 40.290 | (A Top Pick Dec 14/07. Down 1%.) Thought this would be stable through a difficult time in the market. As a financial it performed very well. More of a longer-term Buy and Hold. From a technical perspective, it will be trading in the low $40's for a while and in a couple of years in the high $40's. | 2008-05-02 | |
| PAST TOP PICK | | Aecon Group Inc | ARE-T | 15.640 | (A Top Pick Dec 14/07. Down 23%.) Briefly traded higher. The industry group is holding up on a relative strength basis. Currently in a holding pattern. Coming out with earnings in May 7th and will look at it at that time. | 2008-05-02 | |
| Comment | | Timminco Ltd. | TIM-T | 19.880 | Looks like a good Buy right now but there is huge volatility. Very good trading stock. They are reporting earnings on May 8 and this will help propel the stock, either up or down depending on results. Very difficult to predict. | 2008-05-02 | |
| BUY | | Tusk Energy | TSK-T | 2.390 | Natural gas. Longer-term chart shows the stock has lost a lot of value. Fundamentally, natural gas stocks are starting to find more positive earnings. Great buying opportunity right now. | 2008-05-02 | |
| PARTIAL BUY | | Fairborne Energy Ltd. | FEL-T | 9.370 | $9.77 is its resistance point and $11.15 is the next one. A good time to buy. If it breaks through the 2 levels than you buy additional amounts. Use $7.50 as your downside guide. | 2008-05-02 | |
| Comment | | Canfor Pulp Income Fund | CFX.UN-T | 11.240 | Chart has a double bottom formation, which is fairly significant. Increasing nicely. Just touching the 200-day moving average right now, which will be a resistance point for it. He isn’t really high on anything to do with paper, forest and pulp as they will do poorly. If it broke through its resistance level of $11, you might see another $1 this summer. | 2008-05-02 | |
| Comment | | Westjet Airlines | WJA-T | 17.030 | Tricky stock to analyze because it is very jumpy. A positive note is that it hit a support level twice and the downward motion is consolidating towards a point. (Technical= a triangle) Has the potential to move up. There is some risk with this. Expects resistance at the $20 level. If it broke down through the $16 level, consider shorting. | 2008-05-02 | |
| BUY | | Agrium | AGU-T | 84.000 | A great stock in a great sector. There are a lot of very positive fundamental trends. Had a very steep run from the beginning of April and recently pulled back about a third. That is about the right range for a pullback. Good buying opportunity right now. Start reducing your position if it drops below $75. | 2008-05-02 | |
| DON'T BUY | | streetTracks Gold E.T.F. | GLD-N | 84.580 | Gold is very tricky here. Thinks $850-$900 is going to be a new range for it and you'll see big swings. Looking for it trading in a tight range of $850 plus or minus $30 for a while. Doesn't think it will go up to the $1000 level until the end of the summer. | 2008-05-02 | |
| WEAK BUY | | Geodex Minerals Ltd. | GXM-X | 0.750 | Tungsten. Has good support at $.70 with resistance from $1.05 to about $1.15. The stock is waiting for some news. Volume is quite sporadic and has entered into a very narrow range. You might want to trade for $.10. Really requires news to move it. If it drops below $.60, Sell. | 2008-05-02 | |
| Comment | | Dejour Enterprises | DEJ-X | 1.530 | Natural gas. Lost $1 since last summer, which is quite a bit. Because of the tight range, it is looking for some news. The drop in January indicated a fairly substantial selloff. Settling down to a new, fairly tight trading level of $1.40 to $1.60. Wouldn't hesitate to buy if you know a little bit about the company. A drop below $1.25 is a signal that it will probably go below $1. | 2008-05-02 | |
| BUY | | Baffinland Iron Mines Corp. | BIM-T | 3.300 | Likes iron ore. A really interesting stock in that it is very consistent with ups and downs. Very cyclical nature to it. Based on its history, it is set for another spike. Has a lot of trading at its support level where it is now. $4.05 is its first resistant point and then $4.50 it will hit more resistance. Approximately $2.90 you should exit. | 2008-05-02 | |
| BUY | | Trans Canada Corp | TRP-T | 37.500 | This is a stock people are buying for the dividend. Probably has the capacity to increase their dividend, which is good in the long term. | 2008-05-02 | |
| Comment | | Petrobank Energy and Resources | PBG-T | 51.350 | Chart indicates it won't go up that much. Sideways motion for the next 3 or 4 months. Because of the volatility with the dip in January and uptick in February plays well into a covered call strategy. | 2008-05-02 | |
| HOLD | | Imperial Oil | IMO-T | 53.740 | Chart shows a nice upward channel. If it were to break into a new high, that would put it into the $58/$59 range which would be a good increase. Long-term chart shows a long-term upward trend. Thinks this will continue. | 2008-04-02 | |
| DON'T BUY | | Bioteq Environmental Technologies Inc. | BQE-T | 3.310 | Short term does not look very good. This is a tricky stock to analyze because the volume is so sporadic. Technical analysts works very good when there is a consistent volume. Currently it is in a downtrend and unless it breaks the top trend line it will be a Sell. He thinks the sentiment is turning on this. Wouldn't be surprised to see a drop down to $2.80. | 2008-04-02 | |
| BUY on WEAKNESS | | Viterra Inc | VT-T | 14.360 | Likes this stock. Agriculture is the right industry group as everything is doing well. Very close to record highs, which scares people so wait for the $13.50 level before buying. | 2008-04-02 | |
| BUY | | Agrium | AGU-T | 63.270 | Has a nice, well-defined support level. It is currently at the low end of that, which is the buying time. You have to be careful, because if it drops below the support, you've changed phases and the 2 peaks in the chart will be the high for a while. You can buy now, but put a stop at about $53. | 2008-04-02 | |
| DON'T BUY | | AbitibiBowater Inv. | ABH-N | 12.840 | This is in a very brutal industry group. The stock is heading down. Could see it below $10 by the summer. If you do Buy, put a stop in at around the $10.50 level. | 2008-04-02 | |
| BUY | | Precision Drilling Corp. | PD.UN-T | 23.180 | Chart shows a very definite reversal signal. (A break out of a long-term down trend.) Will run into resistance, but not until it gets to about $27. Use a stop around $22. | 2008-04-02 | |
| Comment | | Points International Ltd. | PTS-T | 2.630 | Chart shows that it became very active around October. Had a big breakout. Starting to consolidate in a triangle formation. Thinks it will trade between $2.20 and $2.80 for the next little while. If you are going to buy, wait for it to break out to $2.90 along with good volume, which will give you more certainty. | 2008-04-02 | |
| BUY | | Energulf Resources Inc. | ENG-X | 3.820 | Had some big movement starting in November. There is good volume, which is a very positive sign. Breaking into new territory. Hit a high back in January 8. Also had good volume. Put a Stop at $2.40. | 2008-04-02 | |
| TOP PICK | | Bank of Montreal | BMO-T | 46.640 | In technical analysis, one of the greatest observations is “selling climax”. This is where you have panic selling and then someone creating a Stop level where they feel value is. | 2008-04-02 | |
| TOP PICK | | AltiusMinerals Corp | ALS-T | 13.650 | Have a really good story. Diversified. The drop on March 17 was about 9% but at its base, there was a lot of buying. There are value players waiting for the stock to drop and then they pile in. If you own, start selling at $13 and completely out at $12. | 2008-04-02 | |
| TOP SHORT | | Boyd Gaming Corp. | BYD-N | 21.060 | It is trading down and has been trading down for a long time. Looks like it is forming a bottom, but the trend is still down. There is not a lot of volume with this. You want to be out at $22.50. | 2008-04-02 | |
| DON'T BUY | | Allen-Vanguard Corp. | VRS-T | 3.680 | Had a big down day in December, which really spooks him. Today's action does not look good. Dropping down to $3 or $2.50 would not surprise him. | 2008-04-02 | |
| TOP SHORT | | George Weston Ltd. | WN-T | 47.900 | Been trading this one back and forth. Just covered a position and may be entering a new position soon. Broke through some fairly solid support. Feels Loblaws (L-T) is driving it down. Potential for going down to $40 is strong. | 2008-02-20 | |
| TOP PICK | | Alberta Clipper Energy | ACN-T | 2.180 | Wanted to show an energy stock for fun. This was a good example of one that has been declining for a very, very long time. This one has had a very steady decline followed by a bottom and now increasing. He would use a stoploss of about $1.70/$1.75. | 2008-02-20 | |
| TOP PICK | | CitiGroup | C-N | 25.490 | Chose this one for fun. Has had some major selling. On each one of the drops, there have been huge volumes. This indicates that a lot of people are interested in buying it. Would use a stoploss position of about $24. | 2008-02-20 | |
| PAST TOP PICK | | Infospace | INSP-Q | 10.360 | (A Top Pick Mar 9/07. Down 59%.) Exited his position and hasn't owned since May/07. | 2008-02-20 | |
| PAST TOP PICK | | Savanna Energy Services | SVY-T | 16.720 | (A Top Pick Mar 9/07. Down 14.7%.) Got out of his position last June/July. | 2008-02-20 | |
| PAST TOP SHORT | | Alexion Pharmaceuticals | ALXN-Q | 58.950 | (A Top Pick Mar 9/07. Up 202%.) News on this was positive so he exited his short position. | 2008-02-20 | |
| DON'T BUY | | MDS Inc | MDS-T | 16.910 | This one is definitely in the bear phase. You have to go back to 2005 to see any sort of support, $15.50. Still has about 10% that it could drop. Volume is sporadic and he is inclined to see it drop to $15. Wait for it to confirm that it is in an uptrend. | 2008-02-20 | |
| BUY | | Nationwide Health Properties Inc. | NHP-N | 30.870 | A REIT that deals with hospitals. Big consolidation for it. In the low end of a trading range. Some support at its current level. 4.3% yield. | 2008-02-20 | |
| Comment | | Pelangio Mines Inc | PLG-T | 4.390 | Likes the chart. Had consolidation at around $.30/.40 in 2005 fold by big growth and more consolidation in 06/07. Has changed from a penny stock to more of a player. Looks like another consolidation has begun. Probably hasn't a lot of downside based on its past. On a down side, be really careful if it goes back down by $1. Use a tight stop. | 2008-02-20 | |
| WATCH | | Sterling Resources | SLG-X | 2.650 | Chart shows a bullish wedge pattern, higher lows with a resistance point at the top. The breakout level would be about $2.90. If it breaks above that with volume, it will go higher. If you own, start reducing your position if it goes down to $2.30 and out completely below $2. | 2008-02-20 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Natural Gas: - $8 has been a very strong resistance point for it. Has now clearly broken through it, which is very encouraging. $10 to $12 would not be unheard of. | 2008-02-20 | |
| HOLD | | High River Gold Mines | HRG-T | 3.180 | Has had a lot of volatility but seems to be breaking through now. Had very strong volume. Getting very close to the peak of July/07, Oct/07 and about one month ago. It's a very strong resistance point. If it can break through $3.25, it has good potential and could go to $4.50 to $5.00. $2.80 would be its downside. Below $2.70, get out. | 2008-02-20 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Gold: - likes it. Has all the various aspects that you want to see in a rising chart. | 2008-02-20 | |
| BUY | | WebTech Wireless Inc. | WEW-T | 3.310 | Believes the drop last May was on some news out of Brazil. Did find a bottom and the low in January was a bit indicative of where it could go. Tested the bottom and then rose, probably on some positive news. Unless they can recover whatever they had lost on that first drop, it will not go back up to $6 anytime soon. With any positive news he could go to $4.50/5.00. | 2008-02-20 | |
| BUY | | Talisman Energy | TLM-T | 16.530 | He is bullish on energy for the moment. This one is at quite a low level and has broken through its trading range. Had a big decline in January. If he recovers, you have a couple of dollars in hand. Support is there from the industry group. | 2008-02-20 | |
| Comment | | Pine Tree Capital Ltd. | PNP-T | 3.710 | Finance company involved in the materials/energy sectors. Chart shows a drop in August that was in line with a market drop. Followed by a huge amount of volume. Some potential recoveries but there was another drop in January. A sign of a reversal. Now in a consolidation phase and we are at the apex point. Will break out at this time if it is going to go higher and could possibly go to $4.80. You have to exit if it drops below $2.90. | 2008-02-20 | |
| WATCH | | TTM Resources | TTQ-X | 1.170 | Gold/copper in British Columbia. Had a big rally March/April last year. Now gone into a consolidation phase. Chart indicates a wedge pattern and stock is very close to the top of it. If it can break above $1.30 on volume, it is good for another couple of dollars. Downside would be back to a low of $.80. | 2008-02-20 | |
| Comment | | Transalta Corp | TA-T | 35.410 | Hitting an all-time record high. Trend has been very favourable and he thinks it should continue and should have a lot more potential. | 2008-02-20 | |
| BUY | | Saputo Inc. | SAP-T | 29.000 | Shows quite a nice chart. Unlike many stocks, it is making new highs and has a nice upward trend. Tested in November and then made a rally. Probably some good fundamental news coming out of this. Some volatility so you might want to consider it as a trade. You have to be careful of the $27 mark. | 2007-12-14 | |
| DON'T BUY | | Canadian Imperial Bank of Commerce | CM-T | 73.600 | 4.73% yield. The analogy of a falling knife is accurate in this case. Of all the banks, this one has performed the worst and within a very short timeframe. Wouldn't surprise him if it hit $70. | 2007-12-14 | |
| HOLD | | Research In Motion | RIM-T | 107.760 | Believes this is in a consolidation range of $20. The support is that about $100 and the resistance is $120. These stocks are very tricky to trade-in. Wait until it breaks above $120 on good solid volume before buying. It could go up to $150 in the year. Could go down to $85 support level easily Had based around the $50 level for very long time before breaking out in July. | 2007-12-14 | |
| SELL | | General Electric | GE-N | 36.910 | Has not been doing a lot for a very long time. Been trading between $39 and $33 for a very long time. Not necessarily a value stock but is really big and so doesn't move that fast. | 2007-12-14 | |
| PARTIAL BUY | | Teck Cominco Ltd. (B) | TCK.B-T | 35.900 | Think it has found a bit of a bottom here. Getting caught up in what is called the industry affect. In this case, commodities where really overbought. On the down side, it could drop $2. Metals are risky right now. You have to get out of it if it hits $32. You can buy a small position now and if it hits $35 you add some more and if it hits $40 you add again. | 2007-12-14 | |
| Comment | | NASDAQ 100 Trust | QQQQ-Q | 50.970 | With all the volatility in the market right now, it is getting very tricky to identify trends. You have to look at the leaders, which would include Apple (AAPL-Q), Cisco (CSCO-Q) and Microsoft (MSFT-Q). Cisco and Microsoft are not doing too much and have had a lot of volatility in the last 6 months. Apple is the one that is healthy. | 2007-12-14 | |
| TOP SHORT | | I Max | IMX-T | 6.720 | Had some very positive news of the building of 100 theatres and it broke out of a consolidation. That would normally be a point to Buy. Fundamentally the story hasn't changed that much as it is longer-term story that will develop over the next 5 years. He is Shorting with a very strict price discipline on it. If it rises above $7 he'll probably reduce his position or cover his Short. He is looking for a move down to the $5 range. | 2007-12-14 | |
| TOP PICK | | Manulife Financial | MFC-T | 41.010 | Chart looks like it is trading all over the map but is actually around $40. In these volatile markets you need stocks that are not all hot. | 2007-12-14 | |
| TOP PICK | | Aecon Group Inc | ARE-T | 20.210 | Infrastructure play with emphasis in Alberta on the oil sands side. Chart shows good consolidation followed by rises. It may consolidate here but longer-term it looks quite exciting. Also has good fundamental background. | 2007-12-14 | |
| DON'T BUY | | MDS Inc | MDS-T | 19.490 | His company has a Short position in this. Stock has tested support 3 times and has broken through. The chart shows an indicator giving a lot of potential of the stock moving down. Could be $16-$17 on the downside but would have trouble moving back up above $20. | 2007-12-14 | |
| HOLD | | Cisco | CSCO-Q | 28.650 | Started moving up at about the same time the Cdn$ started to rally, so if you own there is a good chance that you haven't made any money. | 2007-12-14 | |
| TOP PICK | | General Growth Properties Inc. | GGP-N | 48.610 | Real estate. Likes it because it is a financial and because it has had a big drop. A good company. Feels the whole financial services area has been very deeply oversold. Does not have exposure to the mortgage problems. You have to get out if it hits $47 again. | 2007-08-15 | |
| TOP PICK | | Freddie Mac | FRE-N | 60.280 | Involved in the mortgage business, but in the higher end and subject to government regulation issues. His stoploss position is $57. | 2007-08-15 | |
| TOP PICK | | Canadian Imperial Bank of Commerce | CM-T | 87.000 | Financial services area has been very deeply oversold. Feels it will start approaching $100 towards the end of the year but to get out if it starts a downturn at $85. | 2007-08-15 | |
| PAST TOP PICK | | Gevity HR Inc. | GVHR-Q | 12.580 | (A Top Pick May 23/07. Down 38.5%.) Had a good chart when he was looking at it. | 2007-08-15 | |
| PAST TOP PICK | | Aura Gold Inc. | ORA-T | 1.260 | (A Top Pick May 23/07. Up 1.5%.) Will be doing a 5 for 1 reverse consolidation. Still a good stock. | 2007-08-15 | |
| PAST TOP PICK | | Enterra Energy Corp | ENT.UN-T | 5.390 | (A Top Pick May 23/07. Down 19.5%.) Still owns, but reduced his position I'm half. | 2007-08-15 | |
| WEAK BUY | | Emera Inc | EMA-T | 19.700 | Trading just below its support level. Because it is at support, he feels it will have a slight rally, probably up to about $21. The return on the stock might be only 3%-4% because of the small range in pricing. There is some good volume on the drops indicating value buyers are coming in. MACD indicates negative momentum has dropped a bit. | 2007-08-15 | |
| Comment | | Lundin Mining Corp. | LUN-T | 11.350 | A little bit through its support level today. A lot of the mining stocks are coming off. Needs more activity and it could move back up to $13.50. | 2007-08-15 | |
| SELL | | Lehman Brothers Holdings | LEH-N | 51.570 | Has been hit hard because of the mortgage issues. Particularly bad looking ominous chart. Could see it in the low $40. | 2007-08-15 | |
| Comment | | Talisman Energy | TLM-T | 17.820 | A lot of people follow the stock, which helps liquidity. It is right at support. Thinks it is due for a rebound, and up to $20 would not be unusual. If you are buying, be careful. If it breaks through its support level it could go down to $16 easily. | 2007-08-15 | |
| BUY | | Time Warner Inc | TWX-N | 18.320 | At its long-term support. Broke out of its long-term support in 2006, fell back, recovered but did not make a new high, so is not in a long-term trend. Because of the volume, the drop and the panic, value investors are coming in looking for the $21 level. A definite sell point would be $17.50. | 2007-08-15 | |
| BUY | | Goldcorp Inc | G-T | 25.330 | In the triangle with a downward trend. Entering into a phase of consolidation, which is positive. Gold needs to go higher before commodity companies go up in price. A rally is in order for some gold stocks as they have gone through a big consolidation. Had consecutive higher lows, which is positive. Exit at $24. | 2007-08-15 | |
| DON'T BUY | | Paladin Resources | PDN-T | 5.040 | Has broken through its base. That is a bad sign. Trading a little bit higher today, but that is not indicative of a big rally. Expect it will reach a $4.50 -$5 before it goes up. | 2007-08-15 | |
| BUY | | Allen-Vanguard Corp. | VRS-T | 9.050 | Has a very nice chart. While the markets are going down, this one is going up. Has gone through a trans formative change. In a good sector. Trading above most moving averages. Be careful if it drops below $7. | 2007-08-15 | |
| DON'T BUY | | Rona Inc | RON-T | 20.810 | It's a definite positive that the Canadian housing market has not failed and our tighter controls. Doesn't feel the upside is very high on the stock. | 2007-08-15 | |
| BUY | | Bombardier Inc (B) | BBD.B-T | 5.280 | Had a pullback and is touching its 200-day moving average. Be careful if it drops below five dollars. Thanks this is a good buying opportunity and that it could go back up to the $6.60 level. | 2007-08-15 | |
| Comment | | Skygold Ventures Ltd. | SKV-X | 1.580 | Thinks the stock will be at this level for quite some time. There is no up or down trend that is easily definable. It could develop, but you have to wait for the next news item. Stocks like this tend to move very quickly, but always on news and with big volume. You have to wait for this. | 2007-08-15 | |
| BUY | | Imperial Oil | IMO-T | 43.290 | Trading right at support level, which is always a positive sign. Has the potential to go back up to the $50 level. On the downside, use a tight stop of $42. Would suggest buying call options, which will limit your downside. This one will have actively trading call options. | 2007-08-15 | |
| DON'T BUY | | NYSE Group | NYX-N | 70.350 | Looks like it has hit bottom here but there is not a lot of volume, which is not a good sign. Decline has been pretty persistent for most of the year. If the trend continues, you could see $60. | 2007-08-15 | |
| SELL | | Denison Mines Corp | DML-T | 8.900 | Definitely in a downtrend. He does see some buying going on now, as the volume is a little bit higher. Would exit or reduce this stock. | 2007-08-15 | |
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