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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (8571)	9/24/2001 10:57:15 PM
From: Gottfried	Read Replies (1) \| Respond to of 23153

dabum, the Dorsey Wright Assoc. PnF charting service uses the bpnyse as the main indicator for bull and bear market. stockcharts.com This indicator would have to reverse into Xs to 24 to give a "bull alert" signal. But a full "bull" status means it has to surpass the previous column of Xs. Quite a ways to go. What's nice about this indicator is that it is discrete, or digital. It is intended for cautious longs. Tom Dorsey's PnF book has a good chapter on it. When I read it I always thought of brief corrections only, nothing like this. How humbling. I hope you ring a bell when it's over. :) Gottfried

To: chowder who wrote (8571)	9/25/2001 6:03:53 AM
From: jim_p	Read Replies (1) \| Respond to of 23153

Brother Bum, "Anyone understand the logic in a two billion dollar margin call? If I had two billion dollars, I'd live off the interest I earned in Treasuries and say the hell with it. Two billion dollars isn't enough to live comfortably with? Now that's being greedy!" Sounds like they were as greedy as KWK's management was when their stock was $20, and they were out touting how under valued the stock was hoping to raise equity at an even higher price when it was the highest priced stock in the patch. Greed is a terrible thing. They bet the house and may have lost it all. You have to be an optimist to survive in this business, but the problem is may CEO's start to believe there own story. Be interesting to see the next 10Q. My guess is the cash will be gone, borrowing capacity will be near zero and accrued liabilities will be substantially higher. Looks like someone wants out of 280,169 shares: freeedgar.com Hang tough KWK shorts, this one may go all the way!! Jim