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Politics : High Tolerance Plasticity

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To: jim_p who wrote (17085)10/9/2002 2:10:57 AM
From: que seria  Read Replies (1) of 23153
 
jim: Thanks for your work on EP. I've been waiting to see
it bottom, having learned from my Dynegy experience not to buy just because the descent has flattened out for a day or two. It looks like it might be worth a trade whenever it seems certain it will close above 6 on some volume (so, an end of day buy). Here's a 60 minute chart:

stockcharts.com[r,a]ebclyiay[pc10!c20!c40!b200!i!f][vc60][iUb14!Uk14!Lc5!La12,26,9!Lp14,3,3!Lf!Ll14]&pref=G

I'd have jumped in already but for my concern about losing that final notch in the investment grade credit rating, and the effect of a downgrade on the dividend. Of course, that is why the stock is down hard, so it's your classic kind of trade if you could only buy it here.
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