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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: energyplay who wrote (14677)	11/8/2002 12:32:11 AM
From: kodiak_bull	Read Replies (1) of 206131

Ep: Just eyeballing the chart on TE, it doesn't look good. If anyone is looking to establish a long position on this stock, the odds say that lower prices are coming in the future. The daily chart shows a lot of continuous selling all through the day, not a gap down and recovery as one might expect: stockcharts.com I wouldn't be in a rush to buy it at $12, either. Let the price and volume action tell you where it wants to base and settle. The chart says a redux of $10.61 would not be out of the question and in fact seems almost likely. As for the bonds, all BBB- trading in the high 80s, low 90s, that certainly doesn't spell "bankruptcy candidate" to me. I may be interested in TE later, at a better price, since I think better prices are coming. Kb

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