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

To: chowder who wrote (12251)	2/5/2002 7:36:14 PM
From: Steeliejim	Respond to of 23153

Thanks, db. <<I heard Maria screaming today that the traders are now saying TYC is a buy at these low levels. The tape showed TYC responding as she screamed even louder.>> Had I known she was hyping it, I wouldn't have touched it :>). What's that about "rather be lucky than good?" I was only watching some simple indicators that TYC was at a ST bottom and worth a dip. Turns out I dumped the proverbial baby with the bath water, cuz ELN popped some more before mildly pooping out. And. it might be worth a play manana as "investors" decide that ELN's problems are minor compared to the other co's they've been lumped with. However, it will depend on how it and a couple of others I'm watching are actually doing, rather than making a play on what I think they should do. Plus, I have meetings most of the day, and won't be able to stay on top of trades like I feel it necessary these days--don't like hard stops--Oh, I already said that. Maybe I'm under the influence of the "rapture of the deep," (a feel good but highly dangerous condition in diving), but after staying away from trading for a month, I've--so far--been able to stay detached from the emotional trading traps. The most important aspect IMO (and here I am in 100% agreement with you--scary eh--ggg) is not sticking around if the trade goes against me. And, although the TYC's of the world are scary LT, IMO, there are patterns in the intra-day action that are tradable with good reward/risk--again IMHO. Jim