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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (1408)	1/27/2002 1:36:02 AM
From: The Vet	Read Replies (1) \| Respond to of 16631

Potential stocks: DROOY Dave here is a favorite of mine for a position trade. It is just pulling back from a recent high but everything is in place for a real climb back into favour. I have traded DROOY (Durban Deep) for some years as a position trade, buying the dips and selling the peaks but at the moment I am long and holding. It could pull back a little more for a few days but when it takes off - stand back!. Look for the next resistance point at just over $2 but it has the potential to go much higher (now trading at $1.60) Volume has been increasing lately, it is very liquid, and despite the low price it has institutional support and trades in SA, Australia, London as well as NASDAQ. The fundamentals are very good and improving IMHO. If the price of gold jumps it will take off as it is highly leaveraged to the gold price, but it has been very resistant to falls in the POG, recently rising despite a falling POG. (A stock which gains despite bad news always attracts my attention) clearstation.etrade.com There is a long term chart on the next post. It is too long for SI to handle correctly.