VRE 0.00% 2.0¢ view resources ltd

This is what it said (from the Darryl Morley Daytrader...

  1. 1,429 Posts.
    This is what it said (from the Darryl Morley Daytrader column)..

    'On April 5 we bought 10,000 View Resources(VRE) at 37 cents for a total of $3720. The initial stop is 34 cents with a target of 55 cents then 65 cents.

    The purchase was triggered when the price clearly broke above the several spike or swing highs going back to 2005. We will follow this stock up with a trailing stop as it has the potential for a considerable move. We won't sell at a target price but a clear reversal will trigger a sale.'

    Interestingly, this Darryl Morley bloke operates purely by charts and technicals. It says near the bottom of the column he turned $50,000 into $172,194 from September 2001 to June 2006 this way.

    It's a futher good endorsement though, however you cut it. I slept well last night anyway!

    karoshi.





 
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