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Strategies & Market Trends : The New Economy and its Winners

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To: Doren who wrote (45791)	10/16/2008 6:23:25 PM
From: greenspirit	2 Recommendations Read Replies (4) of 57684

Funny, yeah, the market is factoring in all kinds of things all the time. Maybe they thought they overreacted on the downside after listening to Obama last night. :-) The thing is right now in San Diego and every night for the past 40 years, multiple nuclear reactors have been running safely. Each one producing energy for thousands of people on nuclear carriers and nuclear submarines. Nuclear power is safe. It's been proven safe for decades and decades. It has a long established track record when designed properly and manned by trained professionals. If a bunch of 20 something year old sailors can run them safely, then seasoned professionals certainly can. It's simply a matter of design, training and oversight. Planes killed thousands of people on 9/11. Cars kill 40K people a year. Trains, who knows....the point is; in comparison, virtually no one has died in the United States from nuclear power plants. Jane Fonda and Greenpeace were wrong to oppose nuclear power. They set the health of our environment and economy back 20 years by effectively employing a scare tactic on the public. Sometimes we can even learn things from the French. They have the right approach in regard to nuclear power and have used it effectively for decades. btw, love bicycling too, but just started seriously about 3 years ago when my ankles couldn't take soccer anymore. Break....Break.... I noticed today...we just had the first day in many where the stock market decoupled from the oil market. This could mean oil prices have a ways to go in the down direction still.

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