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Strategies & Market Trends : Natural Resource Stocks

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To: Jim Willie CB who wrote (4162)12/2/2003 8:28:08 AM
From: Roebear  Read Replies (2) of 108742
 
JW,
I want to give a cautionary weather note to the thread.

We are setting up for a likely Nor'easter this weekend which will feature high winds and winter weather. Also want to note there is a possibility that this system could turn into a large storm, a possible Blizzard, going up the east coast and effecting areas from Virginia north. For this possibility, much will depend on how much cold air is drawn into the system and if it will end up rain or snow accordingly.

Odds are better than even for a Nor'easter this weekend and I am rating Blizzard chances a bit higher than 1 in 3, large winter storm 1 in 2.

Kudos to Joe Bastardi of Accuweather for seeing this possible system development long before the possibility was evident on the maps. National Weather Service seems to be taking a wait and see attitude and is not forecasting the storm yet that I have seen, though they are doing some mumbling. Canadian model is showing a large storm along the US eastern seaboard this weekend.

Disclaimer, I'm just an amateur forecaster sharing his views and what info I have sifted off of the net, this is not professional advice.

Best,
Roebear
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