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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Ilaine who wrote (91324)4/7/2001 1:19:42 PM
From: lightfoot  Read Replies (2) of 436258
 
FWIW, There are about 65 power plants in planning stages to be built in the next 10 years. But CA's NIMBY approach means that they will have to pay others for it.

FWIW, Warren Buffet bought Midwest energy ahead of the curve.

CPN just had a record earnings report, In looking at their website they are hiring. Others in the industry are looking at the best business environment in years. The independent engineering groups pursuing this work are hungry, but could get edged out by design build contracts for the large companies like Kiewitt, Black & Veetch, GE, & Foster Wheeler. Suppliers and engineering firms are already positioning themselves for the growth in the power industry.

A stock that caught my eye recently is CPV, a prison REIT, at it's current price paying 12% annual dividend. I would like to see it drop down to pick some up around 10 so the yield would be more like 15%.

I enjoy lurking on this thread, but don't trade full time any more. Just looking for position trading opportunities. I covered my lone short position trade last week. Held a QQQ short from 67 covered at 35. Looking for another good position trade now. Thinking short on the DOW for a position trade, but I'm sleeping well with cash, and made enough to pay my taxes.

The thing I have learned through all this market turmoil is patience. From 573 trades the first quarter of 2000 to only 2 this quarter has caused some withdrawal pains. But getting back to industrial sales again and working with people has been good for me. It was tough giving up my trading uniform (underwear & bathrobe), but I still browse this thread on a regular basis for the best reads on the market.

Thanks to all on this thread for sharing their market reads.
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