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Gold/Mining/Energy : CPN: Calpine Corporation
FRO 24.09+1.8%Nov 10 3:59 PM EST

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To: jack bittner who wrote (40)3/12/2001 4:34:27 PM
From: Daniel G. DeBusschere  Read Replies (1) of 555
 
I did not lighten up - I am just not accumulating as much as I would otherwise do.
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The collateral damage of a falling market hit the "defensive stocks" big time today. Of course, if it continues nothing is safe. The last 30 minutes of trading saw absolutely no buying pressure and everyone playing the game of bidding down the sellers and this hit CPN as well - look at the intra day chart.

Assumming the bottom hits and there are enough people left who can afford to pay for energy, CPN should do OK.
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