DROOY Durban Deep- Best S. African Mine Message Board

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Gold/Mining/Energy : DROOY Durban Deep- Best S. African Mine

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To: baystock who wrote (236)	9/22/1999 10:46:00 PM
From: TATRADER	Read Replies (2) of 851

once again i enter a stock when last post was 6 days ago... entry today at 1 23/32..Pattern is 1.25 by 1.85..Look for short-term target of 2.45-2.50...Pattern almost resembles a cup with a double handle...MACD Histogram has turned up, and I expect a crossing of zero line before Friday close...We have had a directional indicator crossover in past two days...Stock continues to make higher lows...We have had a very narrow range day today, and I am looking for a good sized pop before Friday close..Stock did a 50 day expansion pivot yesterday, and volume is accelerating...May be wrong, but looks to me like smart marketmaker accumulating as many shares as possible and keeping a lid on price until he is done...As always, could be wrong, but heh, we buy a good company low, better chance to make money long-term, especially if gold is headed to 298 by end of year...

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