Hi Kastel,
re:DROOY... one of the reminders to myself that I keep in view while trading is "The only thing you can count on is that investors will over-react!". I believe that DROOY is suffering from irrational investor over-reaction which will soon have an explosive rebound. Its long-term chart pattern is very familiar to me and generally has produced big winners.
As you probably already know, I prefer to buy a stock with potential for a big move and don't like trying to board a moving train once it's left the station. FWIW, my other major positions are ANO.u-T, APG-T, CBD-T, CKG-V, BHK-T/GLJ-V, MNP-V (aka "the pig"), RMX-V, SUF-T, CNI-T, and TNK-T. I took profits on GBU today, but I often sell too early... fresh horses. <g> I have also been accumulating energy stocks (8% of PF now) and hope to have the opportunity to continue to do so next week.
Today was a 4.5% gainer for my PF despite having "only" 70% of my PF in metals and am now up 25.5% for 2003. It sounds as if you're doing well also.
Best regards and congrats to all metals longs,
vt
P.S. The times they are a-changin'... they don't make songs any better than that one! |
