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Gold/Mining/Energy : CPN: Calpine Corporation -- Ignore unavailable to you. Want to Upgrade?

To: rainwater who wrote (412)	8/3/2002 3:50:16 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 555

Re: Having experienced a painful lesson from following popular myths, I am watching technicals much more closely now instead of listening to conference calls or analyst opinions. You would be wiser to study history. "Technicals" are too easily manipulated to put you on the wrong side of your trades. And are more effective in Mogudishu.

To: rainwater who wrote (412)	8/5/2002 4:22:52 PM
From: Don S.Boller	Respond to of 555

Having become a broker in 1961 - I have seen a few bear markets...no two are exactly alike. But a few generalizations might shed some light. (1) They usually go down more than most expect. (Same for bull markets on the upside). (2) There is rarely a "safe place" to hide..."when they raid the house - they take all the girls". (3) Most advice (probably including this) may prove to be worthless in hindsight. The vested interests are NEVER impartial...(4) since we all have different investment objectives and risk tolerances - "each must kill his own snakes"...there is NO - one size fits all. BWDIK Best, Don