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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (13719)	10/8/2002 1:07:24 PM
From: jim_p	Respond to of 206327

18MM shares traded so far and the stock has come all the way back from 4.39 to 5.16 as I type. I'll go out on that same limb and declare that the bottom is in today on EP. Weshallsee?? Jim

To: kodiak_bull who wrote (13719)	10/8/2002 2:50:14 PM
From: chowder	Respond to of 206327

As an aspiring Zen investor myself, these comments by the technician, Price Headley, hit the nail on the head from my perspective. "Fear blinds us to opportunity; greed blinds us to danger -emotions cause 'perceptual distortion' where we only see the part of the picture that our beliefs allow us to see." Since it is impossible to eliminate these emotions from our being, TA is the tool which helps to bring balance between fear and greed. By bringing balance to our analysis, we can get a clearer picture, we can manage that "perceptual distortion" that Headley speaks about. Most of my adult life was spent in commission sales. As a commission salesman, you experience an incredible amount of timidity and fear; afraid you won't receive a pay check this week, a fear of rejection from your sales presentations and a tremendous fear of cold-calling, something that is crucial to success when your paycheck is directly related to your performance each week. You'd start out every day with butterflies in your stomach. I used to tell my salesmen, the butterflies never go away, you have to learn how to make them fly in formation, if you ever want to succeed. That's what TA brings to the table for me. It gets the market to fly in formation. It's simply a matter of reading the formations and acting accordingly. Sometimes doing nothing is the right thing to do, but stock prices can't rise or fall without the technical indicators tracking their formations. We don't have access to enough information to allow us to trade successfully, based on what we think. If we don't have all the facts, our conclusions don't have a high probability of success. If we as investors are ever going to manage fear and greed, we must learn how to trade what we see, not what we think. The most valuable tool to help accomplish this goal is TA. dabum