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To: ItsAllCyclical who wrote (53879)11/2/1999 2:54:00 PM
From: ChanceIs  Respond to of 95453
 
Latest NOAA on La Nina.....

Ongoing La Ni¤a conditions in the central tropical Pacific will bring warmer and drier conditions to the Southwest from late fall to early spring. This makes the probability of less-than-normal snowfall at higher elevations likely, according to scientists at the National Oceanic and Atmospheric Administration's Climate Prediction Center. La Ni¤a conditions developed in May-June 1998, and have persisted since that time.

Speaking during the Climate Diagnostics Workshop in Tucson, Ariz., Ants Leetmaa, director of the Climate Prediction Center, noted that La Ni¤a conditions will likely persist into March 2000. He noted that the La Ni¤a will be a weak-to-moderate episode, but strong enough to impact weather patterns across the Southwest later this winter.

"Although this year's La Ni¤a is not of the same strength as last year's, we cannot rule out seeing similarly extreme conditions in the Southwest this winter," said Leetmaa. Last year was the third driest and fifth warmest in 105 years of record keeping.

publicaffairs.noaa.gov

This sounds like a much weaker statement than what was circulating on CNBC last week. Warm in the Southwest will not melt the snow in Chicago.



To: ItsAllCyclical who wrote (53879)11/2/1999 3:32:00 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 95453
 
Looks like CHAR has been halted. Not sure why. CBS had this to say about the runup.

cbs.marketwatch.com

I wouldn't touch this issue due to it's extremely speculative (small/high debt) nature, but I thought the runup was interesting. Looks like it'll probably pullback back to the mid teens shortly from where it's currently at (25).