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

To: energyplay who wrote (13830)	10/10/2002 1:51:36 PM
From: upanddown	Read Replies (1) \| Respond to of 206361

EP So what did you do with your TE? It is really getting hammered and I have been been buying all the way down. I'm looking to build an income portfolio and I think a 12.5% return on a quality, mostly regulated utility is a gift when MM funds are yielding spit. They are going thru a rough patch but I believe they will get thru it OK. 42 straight years of increasing dividends is a comfort. John

To: energyplay who wrote (13830)	10/10/2002 4:03:56 PM
From: chowder	Respond to of 206361

EP, sometimes I'll try to anticipate where a reversal may come. Sometimes it works. When it doesn't, it really turns against me quickly. That's why I'm being conservative in this bear market. I wait for confirmation before moving now. Anticipating support levels seem to work much better on days where the futures are up and the market opens up for the day. Anticipating support levels on down days end up like your TE and my AMD in the past. Lots of buying in TE in the last hour. I'm not sure if it's short covering or serious buying. Good luck with your position. dabum