accumulating AVL, buying CDU, adding PTCH

The market is due to pull back and consolidate after the bounce this week, but we're comfortable adding holdings in stocks that have been strong performers during the market chaos of the past 10 days.

We hold Avalon Ventures, AVL on the TSX Venture exchange, and will accumulate further holdings under $1.50 The longer-term chart is very bullish in our view, and so too the company's prospects. The volume on this stock is very low, yet it holds its gains without volume selling emerging despite poor markets recently. Readers may be familiar with Hammond Power, HPSA on the TSX, which fits this description and we can only hope for similar gains with Avalon. In situations like these, we often see a strong run once volume comes in and we feel that's especially likely should the stock break over the long-term resistance at $1.50

We're buying Cadero Resources, CDU on the TSX. The long-term chart is very bullish we feel, providing the $2.00 level is held. Here too we believe are good prospects and we're especially encouraged to have seen this stock go up during these recent markets. Again Hammond Power comes to mind, and again we can only hope for a similar result with Cardero.

Patch International, PTCH on the OTCBB, is another favorite of ours which we hold at a +126% gain since our entry call here in August/06. We now add to our position based purely on its recent strength and what we believe is a stong possibility of breaking over major resistance at $2.50 to run with luck to the $3.00 level and beyond.

Learn more about these companies via their websites :

Avalon Ventures
Cardero Resources
Patch International

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