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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.66

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Dec 5 4:00 PM EST

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To: pater tenebrarum who wrote (54789)	6/20/2000 11:45:00 PM
From: Casaubon	Read Replies (1) of 99985

I do agree with the conservation approach. It just makes too much sense to not waste, from an economic standpoint as well as an environmental one. Also, I do not doubt that easy to obtain large deposits are tapped. I'm more skeptical about the notion that the worlds total supply is rather short. I do, however, see the relevance of energy cost to obtain further supplies. Be that as it may, I do not believe I have "blind faith that technology will be able to solve this problem". I have done a fair amount of research on the state of alternative energy, I concluded that the feasability of addressing the worlds energy needs through alternative sources will fall within viable timelines. Obviously, I can not prove this but, I am comfortable with the rate of progress in that area. I do foresee a day, in the not too distant future, when photovoltaics provide a green source of energy converting H2O into H2 and O2 via the energy of free sunlight. The H2 will be utilized in fuel cells and electrochemically converted back into H2O and energy cleanly!

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