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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: Bruce L who wrote (2606)	3/5/2005 6:22:29 PM
From: chowder	Respond to of 13449

Bruce, I have a short term position in EP at this time. I am willing to let it turn into a long term position if it cooperates. This is what it would take to qualify for my risk tolerance levels. I would want to see price slowly climb into double digits. If the price runs up too fast, I will take the profits. I want to see a nice steady climb. Once I get to the price target, provided the previous demand is set, I will sell half of my position and place a trailing stop on the remainder. IF EP has the potential you indicate it has, I will allow more freedom of price movement as the amount of profit rises. This one is still in a nice uptrend, we'll see how she goes from here. stockcharts.com[h,a]waclyiay[d20040105,20050305][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G dabum