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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Bucky Katt who wrote (13416)8/15/2003 8:51:38 AM
From: Dale Baker  Read Replies (1) of 48461
 
We'll see if the merchant power guys move up today - I have a scrap of RRI just to keep my hand in. But the market has been so soft lately due to oversupply, I doubt there will be more than a blip in the spot prices.

The usual suspects RRI CPN DYN are indicated up 5-10 cents, that's all.

The power market is huge and not driven much by the short-term emotion that rules oil, gold, natural gas, etc. You will have to see real chronic shortages in several areas before a new wave of power hikes can begin.

My comments last night were too pointed for the occasion - mea culpa. But I am glad to see that NYC was safe and calm, as I expected.

This whole affair will end up as an esoteric discussion about how to link regional networks so they help each other but don't crash each other. I don't see the market angle in that.

We'll see how it turns out. Good luck.
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