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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (7309)1/3/2001 12:08:32 PM
From: gamesmistress  Read Replies (1) | Respond to of 13094
 
JIm, thanks for the info. When I read stuff like this:

...that doesn't mean new power plants aren't needed in a state where the demand for electricity is growing at 1,000 megawatts a year and where two-thirds of existing plants are at the end of their lifespan.
Source: www0.mercurycenter.com

it seems to me that the independent power producers that build or are interested in building in CA - Calpine, etc (CPN,AES,NRG,REI,SOE,DUK) - should do well in the long term. Unless they don't want to invest a dime in the People's Republic of California because the state legislature may decide to take over the power plants. :-/



To: James Strauss who wrote (7309)1/3/2001 12:09:34 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
TRIN Points To Uncertainty...
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A look at the TRIN shows continued uncertainty in the markets... finance.yahoo.com^STI.N&d=5d

Note the up and down gaps... The key here is the 1.00 and above bearish area... That's pointing to continued poor market breadth...

Jim