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

To: energyplay who wrote (20007)	8/6/2003 3:14:17 AM
From: chowder	Read Replies (1) \| Respond to of 23153

>>> RRI needs another bankruptcy rumour in the power sector or something ... <<< It has been said, that if you throw a frog into a pot of boiling water, he'll jump out immediately. If you put a frog in a pot of water and slowly bring it to a boil, you'll cook the frog. The same concept applies in the markets. When a stock is falling, you need a catalyst to make people jump out of the water. If you slowly eat away at their profits, they'll stay put and eventually get cooked. I saw that water heating up and I hopped out a week or two ago. The 20 ema is now at the point where I sold my position. Since I use the 20 ema a lot in my analysis, I can now wait for the price to close above it and still not have lost any ground. A nice job of managing risk, in my opinion. Disappointing volume patterns in RRI at this time. dabum