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Message: Ryan - the stocks you asked about.

Ryan - the stocks you asked about.

posted on Mar 30, 2010 11:13PM

Ryan - these are my best guesses as to where "on the continent" these stocks are. Remember, these are guesses and could change with a single day's trading. I'm using 3 year weekly charts with these.

URE - prairies, but no signs of higher ground yet. Because the base is large & elevated, I would expect this to have a significant move at some point - but no way to know when.

CXX - prairies, just prairies.

KMK - despite the long consolidation, still climbing the mountain (on trend). Nice high plateau - refuses to go leeward, so odds favour another move up when the consolidation ends.

MTB - through the prairies and showing signs of higher ground. Possibly near a good entry point.

EAR - looks somewhat similar to MTB, but is such a thin trader, T/A is only marginably reliable.

CPN - climbing the mountain - best entry point is near the bottom of the trend channel.

GBG - this one's tough, because of currency issues, the US chart looks like climbing the mountain and the Canadian looks like prairies. Toss a coin.

SQI - I was wrong about this one - I thought it was at the summit, but it looks like the mountain will be higher. Problem is, it's starting to go parabolic, so it's getting tricky.

TMM - same situation as KMK.

EQN - tough call - you can make a case for still climbing (looks that way on the 3 year), but you could also make a case for leeward side. The accelerated trend broke, but the long term has not.

RM - similar to EQN.

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