STOCKCHASE

11.000

(A Top Pick Sept 8/10. Up 122.2%.) Had a major breakout from a long, long base building. Stock is in a beautiful uptrend. No red flags on this one.

2011-10-03

DON'T BUY

Royal Bank

RY-T

46.780

The banks have all had negative reports. Chart shows a double top in 2010-2011. Broke major support at around $50. A falling knife.

2011-10-03

Comment

Shawcor Ltd. (A)

SCL.A-T

22.620

Stock has been very oversold. 200 day moving average is around $32. There is a chance we will have a recovery rally. The biggest problem is that the stock has broken a major trend line. If you own, use major stop losses.

2011-10-03

TOP PICK

Transalta Corp

TA-T

22.360

Had a major bottom in early 2009 with a little bit of a rising bottom. It is almost a V extended bottom. In a major trading range and has just broken out. About a 6% dividend.

2011-10-03

DON'T BUY

Teck Resources Ltd. (B)

TCK.B-T

28.690

Falling knife.

2011-10-03

DON'T BUY

Wi-Lan Inc.

WIN-T

5.740

Starting to break down through the 200 day moving average so he is selling his holdings.

2011-10-03

TOP PICK

Yamana Gold Inc.

YRI-T

14.140

Chart shows a V extended pattern. When the stock does this and breaks out of the range, it is the best time.

2011-10-03

Comment

0.020

Markets. Between Oct 5th and Oct 12th, the markets are going to get a very important low. If this type of market continues, this means the general population is interested in being in the market at all. The only thing helping the TSX was the gold sector and that also is now having a bit of a problem. We now have to rely on utilities and consumer staples to hold it up.

2011-10-03

Comment

Great Panther Resources Ltd

0.020

Which technical indicators do you prefer? His #1 tools are the 40 week and 200 day moving averages. This is aside from point and figure charting. After that, there is no one indicator that he relies on. Different indicators are for different times.

2011-10-03

DON'T BUY

Silver Wheaton

SLW-T

30.720

Had a wonderful up leg early this year but then fell back. In the next rally it did not go as high as the previous time. There is support at roughly $28-$29 and that's where your stop losses should be.

2011-10-03

DON'T BUY

Daylight Energy Ltd

DAY-T (Dead)

4.960

The stock is way oversold and could go lower before going higher. Even fell below its 2009 low, which is very negative. The only good thing is that there is going to be some kind of a recovery one of these days. If you own, use the next rally to Sell.

2011-10-03

TOP PICK

Vista Gold Corp.

VGZ-T

3.350

Gold. In a major double bottom in 2009-2010. These are the best technical signals you can get. Now in a major uptrend.

2011-10-03

Comment

First Majestic Silver

FR-T

15.690

Chart shows a triple top this year. This makes the stock problematic. Has broken the uptrend line and has just broken below the 200 day moving average. In case the stock has a chance to go back up again, use the stop loss at around $14 and change.

2011-10-03

DON'T BUY

GPR-T

2.540

Chart shows a wonderful rise to early 2011 and then started to fall back. The rally that followed did not take it to the high it had before. This was followed by another selloff and again the rally that followed had a lower high. Stock is now in a dangerous territory. $2.45 or so would be a good place for a stop loss.

2011-10-03

DON'T BUY

Extendicare REIT

EXE.UN-T

6.690

Stock had done very well from 2000 and 90 broke down this year. 12% dividend. This is a falling knife. There is a minor chance that if the market is going to have a year-end rally, the stock could have a bit of a rally back to $9 or so. If you own, that would be a time to Sell.

2011-10-03

DON'T BUY

Bankers Petroleum

BNK-T

3.280

Broke down below its trend line earlier this year. A falling knife. Currently in a major down trend. Can't see any support.

2011-10-03

Comment

Western Copper

WRN-T

1.970

Chart shows a double top early this year but was followed by 2 lower highs giving it a descending trend line. It also broke a trend line. If there is a rally, $3 would be the maximum you would get. Use a stop loss.

2011-10-03

PAST TOP PICK

Atco Ltd

ACO.X-T

62.080

(Top Pick Sept 8/10, Up 18.34%) Still hasn’t met its target.

2011-09-06

BUY

Agnico-Eagle Mines

AEM-T

69.940

Pay more attention to Technicals than fundamentals. Broke a major down trend leg and started an up trend leg. It’s not above the 40-week moving average.

2011-09-06

HOLD

Bombardier Inc (B)

BBD.B-T

4.450

Below 40 week moving average. Important $4.50 support level. We may have a rally but put in a stop loss at $4.35 and hold it.

2011-09-06

HOLD

Caterpillar

CAT-N

85.700

It didn’t break down too far below its trend line. There are negative signals right now, though. Put in a stop loss so it doesn’t go any further down.

2011-09-06

SELL ON STRENGTH

Cameco Corporation

CCO-T

21.900

Down trend channel. Too soon to buy. Sell into any kind of a rally. Want to see it build a base before buying.

2011-09-06

TOP SHORT

CitiGroup

C-N

27.700

Short. Sold down to $1, stayed below $5 for close to a year. Did a reverse split so institutions could own it. History of reverse splits is that it goes back to a previous low.

2011-09-06

PAST TOP PICK

Electrovaya Inc.

EFL-T

1.350

(Top Pick Sept 8/10, Down 54.94%) Originally looked good. It broke up trend line and he had a stop loss in.

2011-09-06

TOP PICK

Potash Corp of Saskatchewan

POT-T

58.340

Huge base, then a secondary base that it is just about to break out of. It has everything going for it. Up trend should last into next year.

2011-09-06

PAST TOP PICK

Silver Standard Resources Inc.

11.120

(Top Pick Sept 8/10, Up 123.60%) Broke above base.

2011-09-06

BUY

Research In Motion

RIM-T

30.630

It’s not a favourite stock. At its recent low, he thought it was very oversold and now recommends it as a short-term trade, but then it’s over.

2011-09-06

DON'T BUY

Royal Bank

RY-T

48.220

Current market conditions suggest markets are likely to be weak. It broke support and is in a major down trend.

2011-09-06

SELL ON STRENGTH

Just Energy Group

JE-T

12.660

If you connect lows, it is broken below the trend line and is now in a downtrend. Look for a bit of a rally and get out. It will take a lot more base building.

2011-09-06

TOP PICK

SSO-T

30.580

Broken out above downtrend line. Silver stocks are moving in addition to gold. He is double the weight in gold and silver stocks in his fund.

2011-09-06

Comment

0.020

TSX: Broke trend line, triangle formation, and it made a breakout. But it is in a downtrend. There is a lot more problems on the downside.

2011-09-06

Comment

0.020

Gold: His target is past $2000 with point and figure chart. To see a double top you would need to have volume and momentum confirmation. Pay attention to trend lines and moving averages. We are very clearly in an up trend and yes, it could pull back. Don’t get out of gold stocks too soon.

2011-09-06

N/A

Great Panther Resources Ltd

0.020

Market: European news, unemployment caused another day of sell-off. We could have a rally and he will use that to generate cash. September is the worst month of the year with the end of the sell-off in October. WE have sold off quite extensively, so a bit of a rally wouldn’t surprise him. Use it to get rid of weaker stocks. The bottom is not in. For TSX it is about 11,000. We have not been in a bear market long enough to wash everything out.

2011-09-06

WAIT

GPR-T

3.410

Likes the look of it. The second pullback is pretty well stopped. The correction seems to be over. Would be a breakout above $3.70.

2011-09-06

SELL ON STRENGTH

Stillwater Mining Co.

SWC-N

14.370

If you pay attention to technicals, you see it broke 40 week moving average and then it eventually started to turn down. It is probably oversold right now and you might get a rally to $17 but it is in a downtrend.

2011-09-06

WAIT

Western Potash

WPX-T

1.280

Has a beautiful base. Ready to be breaking out - above $1.40, but should go with POT-T

2011-09-06

WAIT

Stonegate Agricom Ltd

ST-T

1.190

Has been in a downtrend and moving average is now just flattening out. If you had a breakout, then it would be an idea to get back I in. People don’t believe stock is ready to break out.

2011-09-06

SELL

North American Gem Inc.

NAG-X

0.035

Broke below 40-weekmoving average. Doesn’t know if you can re-coop any losses. Tech analysis is not as valid on a stock of this price.

2011-09-06

BUY

Agrium

AGU-T

85.650

Had a very nice move through 2009 with a correction in 2010 followed by a nice rally. Now going through another correction and is now waiting for it to break out. Very close to its 200 day moving average. Not a bad buying opportunity at this point.

2011-05-30

WATCH

Advanced Micro Devices

AMD-N

8.490

Made a low in 2009 then made a rally and has been in a horizontal trading range since the beginning of 2010. If you see it break out to the upside that would be the time to get in. You want to see it above $10 or so.

2011-05-30

DON'T BUY

Aecon Group Inc

ARE-T

8.840

Sold off in 2008 and then did a double base formation in 2009. Now falling back and should find support around $8.60. Below $8 would be a buying opportunity, but be sure it is not falling below the 200 day moving average.

2011-05-30

BUY

American Express

AXP-N

51.130

This one is an exception in that anything doing with US financials has not done well. Had a major sell off in 2008 followed by a wonderful recovery in 2009. Has now stayed in a narrow trading range followed by a breakout this year and looks like it is starting a new major up leg.

2011-05-30

HOLD

Canadian Imperial Bank of Commerce

CM-T

80.500

When the market was hitting its low in 2009, all the bank stocks hit a low and started a new up leg. Then developed an upward trending channel. We are now 2 years into the bull market when banks some times start to slow down. Be aware that it s not going to have the same exciting move as it did moving from $37 to $70. Keep an eye on the 200 day moving average, which it is still above.

2011-05-30

PAST TOP PICK

Goldcorp Inc

G-T

49.050

(A Top Pick May 18/10. Up 6.78%.) Was pretty flat until its breakout earlier this year. Had another pull back and is in a very attractive position now.

2011-05-30

DON'T BUY

Kinross Gold

K-T

15.700

The one stock that seems to be going against the trend. Must not be doing something exciting. Still below its down trend line. The 200 day moving average is turning down.

2011-05-30

Comment

Precision Drilling

PD-T

14.750

In a nice up trend. It was a laggard. While the other oil stocks were moving this one was horizontal. Formed a nice base and has now moved up and above the 200 day moving average. Believes it has significantly higher upside targets.

2011-05-30

PAST TOP PICK

8.310

(A Top Pick May 18/10. Up 87.87%.) Came out of a very big base formation and was in an ascending triangle. Believes that it is going higher so continue to hold.

2011-05-30

TOP PICK

Northern Dynasty Minerals Ltd

8.310

Had a big base from 2009 through 2010 followed by a big break this year. Now having a bit of a pull back and is now starting a new up leg.

2011-05-30

TOP PICK

Viterra Inc

VT-T

11.990

Big sell off in the bear market and then did a double base. If it goes past $12.50, it is a major, major break.

2011-05-30

PAST TOP PICK

Mag Silver Corp

MAG-T

9.790

(A Top Pick May 18/10. Up 35.9%.) Came out of a major base. Took some profit at $11.50.

2011-05-30

BUY on WEAKNESS

NDM-T

12.350

Good example of what happens when a stock goes too far. Broke out of a major congestion area late 2010 and ran up all the way to $22. You have to use stop losses all the way to be sure you don’t give it all back. Probably starting to be a point to get in now but could take a little bit more time. $11 is not a bad place to get in.

2011-05-30

BUY

Sulliden Gold Corp

SUE-T

2.410

Had major base building resolving in a major uptrend. Follow these up with stop losses as eventually it gets over bought. Probably getting onto a good buying level again.

2011-05-30

Comment

0.020

TSX. We are in a major bull market. Market had a major low in 2009 followed by an up leg into the summer of 2010 when there was a pause. There has been another up leg ever since. The Toronto market is now at the point where it had the rally, had the pause and now ready to make a new up leg. Give the correction another week or so and it should start something new. His target is 15,500.

2011-05-30

Comment

China Gold International Resources

0.020

Commodities. They’ve gone too far ahead and are now pausing. They’ll be starting up again soon.

2011-05-30

TOP PICK

Delphi Energy Corp.

DEE-T

2.530

Had a very long 4 year bottom and is just now breaking out. Use a $2.10-$2.20 stop loss.

2011-05-30

HOLD

Daylight Energy Ltd

DAY-T (Dead)

9.880

Did very well through 2009 but right now is in a horizontal trading range. The best time to buy is when it breaks out of the trading range into $11.50-$12.

2011-05-30

Comment

First Majestic Silver

FR-T

20.070

Came from a big base and had a major breakout in 2010. Had a wonderful move up to $25 and pulled back. If you own, have a stop at $15 and leave the upside open. Good probability that it is starting a new up leg. You can add to it if it goes past $22-$23.

2011-05-30

DON'T BUY

CGG-T

4.470

Made a wonderful base in 08-09 and then broke out. Had a wonderful rise into early 2010. Pulled back in the middle of 2010 but rose again and fell again this year. In a very wide trading range. 200 day moving average is turning down and the stock is below that. If you own, put a stop loss at around $4. $5-$5.10 would indicate a new breakout.

2011-05-30

DON'T BUY

Osisko Exploration Ltd.

OSK-T

14.090

Starting production tomorrow. Some times a stock anticipates a move and some times even the best news is not going to do anything to the stock because the news is discounted. Chart shows a very nice up trend from late 2008 but now is in a horizontal trading range. Until it breaks out of that, he wouldn’t jump on it. Currently under its 200 day moving average.

2011-05-30

HOLD

Brookfield Asset Management (A)

BAM.A-T

31.970

In a very nice uptrend. 200 day moving average is also in an uptrend. If you own, add to your position if it gets above $32-$33.

2011-05-30

Comment

Copper Fox Metals

CUU-X

2.390

When you see a very big parabolic move, you have to start thinking about if its gone too far. Be careful and make sure you have your stop-losses ready so you can bail out any time the stock breaks below about $2.10.

2011-05-30

WATCH

Avion Gold

AVR-T

1.500

Had a very nice base building into the fall of 2010 followed be a very nice rally. Got overbought and is now in a correction mode. Formed a Flag with the stock coming from a post. The resolution occurs 95% of the time. Watch for it to go above the $1.50 level. Very close to a breakout.

2011-05-30

HOLD

Bennet Environmental

BEV-T

2.150

Had a huge base during 2008-2009 and then had wonderful ride to the early part of 2010 where it got too far away from its 200-day moving average, so had a correction. Just recently had a little rise indicating there is a good chance it will begin its next leg. Use a Stop Loss.

2010-11-24

HOLD

Valeant Pharmaceuticals

VRX-T

25.990

Chart shows a beautiful base. Stock then started an up-leg but currently ahead of ourselves as the 200-day moving average is below the stock price creating a little pull back. The base indicates there is lots of room on the upside.

2010-11-24

HOLD

Canadian Oil Sands

COS-T

26.910

After the sell off in 2008, it went into a horizontal trading range. If it could go past $30, it would be a wonderful breakout. Until that time it is going to be meandering. If it goes below $25, it may be a signal that it wants to come down.

2010-11-24

HOLD

Eldorado Gold

ELD-T

17.260

Had a minor correction, but the long-term trend is still very much above its 200-day moving average.

2010-11-24

PAST TOP PICK

AuRico Gold Inc

AUQ-T

6.750

(A Top Pick Nov 5/09. Down 31%.) Sold his holdings when it broke below its 200 day moving average.

2010-11-24

HOLD

General Electric

GE-N

15.940

The good thing is that the 200-day moving average is around the current price and is slowly rising. In technical terms it is a V-extended stock, which can go either way. Use a Stop Loss. Don’t let it go below $15.

2010-11-24

HOLD

Husky Energy

HSE-T

25.450

Acting totally different form others, probably something to do with fundamentals. Below its falling 200-day moving average. If you own, have a Stop Loss just below $25, maybe $23.50. It could break to the upside.

2010-11-24

DON'T BUY

Manulife Financial

MFC-T

14.440

Had a major sell off and is still under the trend line. It could likely come back and test the $10 level. Volume is falling and everything is negative.

2010-11-24

DON'T BUY

Royal Bank

RY-T

54.960

Acting totally opposed to the other banks and in the first half there was a sell-off that was more than it should have been. 200 day moving average has flattened out and is just flirting with the stock price. There is also a down trend line, which does not show on any other bank. Go for Scotia (BNS-T), TD (TD-T) or Commerce (CM-T) instead, which are in a better technical position.

2010-11-24

HOLD

Suncor Energy Inc

SU-T

34.390

Started having a rising low. Oil stocks are starting to get a little better movement. This one looks like it is breaking to the upside.

2010-11-24

PAST TOP PICK

Toromont Industries

TIH-T

29.970

(A Top Pick Nov 5/09. Up 20%.) Stock started to break down and he sold.

2010-11-24

Comment

Yahoo!

YHOO-Q

16.410

Base building like many of the tech stocks. There is a chance that it will break out but don’t risk having it go down, so use a Stop Loss.

2010-11-24

Comment

Zarlink

ZL-T (Dead)

1.980

Stock is doing very well. 200 day moving average is rising and as long as it stays there it should be fine.

2010-11-24

TOP PICK

Mag Silver Corp

MAG-T

10.300

Very long base from almost 2008 and then had a breakout this year. Gold stocks ran but silver didn’t and thinks they will start moving next.

2010-11-24

Comment

0.020

Market has been rising since August but people have now come into a profit-taking mood. Cyclic research suggests that corrections will probably be over by mid-December and then we could go again. We are in a Bull market until possibly Sept 2011 or later.

2010-11-24

Comment

0.020

Gold. Original Point Figure target originally 2, 1,500 and 2000. Then you start looking at how the tempo goes. If it goes slowly and doesn’t reach the point where everybody wants to be there, then you’ll probably go to 2000. At this stage it has been going very steeply and there is a strong possibility that it’ll go to 1500 and not much higher.

2010-11-24

Comment