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To: ItsAllCyclical who wrote (83075)12/29/2000 7:09:29 PM
From: Think4Yourself  Respond to of 95453
 
It'll have no effect on Canada. It is used to ship NG from there to Portland ME. Canadians will have all the NG they can use for now.

Can they ship through a heavily damaged offline compressor station to the next one? Would they even want to take the liability risk? It sounded to me like they couldn't/wouldn't attempt it, especially since they do not even know what caused the explosion yet.

Hey, has anyone here been "out and about" today?



To: ItsAllCyclical who wrote (83075)12/29/2000 7:09:40 PM
From: ItsAllCyclical  Respond to of 95453
 
Check out the CNN poll on the markets. Most still way too bullish yet interestingly 74% feel worse about the economy than they did a year ago, yet only 23% see a recession in the cards. Maybe they aren't putting two and two together. Maybe they have too much faith in Greenspan. Also thought it was interesting that almost 10% think the Nasdaq will finish above 4500 for 2001 and only 15% think it'll finish at 2500 or lower. I'm in the 2001 to 2500 category, but the low will be below 2000.

207.25.71.34

Another take, 44% expect the Nasdaq to finish 33% or higher by the end of 2001. Way too much bullishness. Not even close to a bottom yet.

You may have to fill out the survey to see the results, don't know.

cnnfn.cnn.com

It's different this time. We don't simply snap back to old highs like we did all through the 80's and 90's, but the public still doesn't get it. I imagine we'll see another wave of selling once Q1 reports come in and even the companies that meet estimates will guide down future estimates. Also have to believe the the natural gas situation hits the economy like a person getting mugged for the 3rd time in one night. First Greenspan, then the markets, now it's energy's turn.