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Politics : High Tolerance Plasticity

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To: jim_p who wrote (17064)	10/8/2002 10:03:32 PM
From: kodiak_bull	Read Replies (1) of 23153

Jim, I revisited EP after the close. I have to say the daily pattern is not all that inviting here. It's still a black candle down, long tail (takuri) on the bottom to be sure, but it would have made such a nice hammer reversal pattern if it could have closed stronger, say at 5.85~5.95. Now, I'm not asking for $6, mind you, but it would have made a nice white hammer at that spot and been a lot more encouraging for tomorrow's buyers. stockcharts.com As I was driving in my car today it struck me that EP's pattern is like watching a basketball, dropped to the floor, bounce, bounce, bounce until it finally finds a bottom. Today's action may turn out to be a bottom but at this point in time it's impossible for me to say that. Good luck to all who own this one here, and to all who wait. Kb

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