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Gold/Mining/Energy : DROOY Durban Deep- Best S. African Mine -- Ignore unavailable to you. Want to Upgrade?

To: Dave Johnson who wrote (99)	3/13/1999 6:13:00 AM
From: Dan P	Respond to of 851

Dave: You might well be right about this. However, I will wait for the action on Monday to determine if I should exit or not. The two key stocks I follow, DROOY and MDG have both flashed buy signals according to my system, and these signals have lasted several weeks in the past. Obviously, any system can be wrong at times. I am hoping for a somewhat longer run. The news on the ppi is now old, and don't forget that with gasoline prices now rising, and now oil having bottomed for the time being, we may have seen the best news on inflation. Also, I follow the gold funds, and they have also flashed intermediate buy signals, and if they can hold in here, will have flashed a long term buy. Check out the charts on gold-eagle, esp. the weekly chart. Looks good to me, but we need continuation, as you correctly point out. The link: gold-eagle.com Cheers Dan