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To: Think4Yourself who wrote (86994)	2/12/2001 9:36:41 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

An exception to these record price climbs occurred in Detroit where prices declined 0.4 percent; a 3- year cap on prices to residential consumers in Michigan is still in effect (it expires at the end of March 2001). So, JQ, are you out in the streets of the Peoples Republic of Motown protesting this outrageous intrusion of government into the rights of the local gas company to charge whatever the traffic will bear? Demanding that they be allowed to jack up your gas bill? Just kidding here from la-la land. John

To: Think4Yourself who wrote (86994)	2/13/2001 2:02:07 AM
From: chowder	Read Replies (2) \| Respond to of 95453

Sold my SMOP last week and put it into RRC. I figured I'd only get another 10% out of SMOP by holding till April. I'm already up 10% on RRC. It was a gamble, I'll admit. And, I may have succeeded in spite of myself, but I just had to try. In looking for places to park my money, I have been buying the retailers and semiconductors. I have been trying to balance, "don't fight the FED" and "don't fight the tape" at the same time. Since they are opposite of each other, I'm assuming the FED will win. I'm also assuming that retail and semiconductors will be among the first to lead the economy back in an environment where interest rates keep coming down. To be respectful of the tape, I've made my purchases smaller and I'm trying to spread the risk among those sectors mentioned above. I'm also looking at stocks where share prices are at a significant discount to book value. I understand there will be some accounting changes in the coming months that will affect "goodwill accounting." Perhaps an accounting type can explain how this will affect how earnings are reported going forward. If SOB's gold scenario plays out the way he wishes it to, then his choice of TVX may be an excellent choice when combined with this goodwill accounting procedure. TVX is selling at a considerable discount to book value. I'm not recommending anything here, merely offering ideas for discussion and/or researching. My energy holdings are mostly short term plays. My exceptions are the exploration companies. I think they have a lot of potential going forward and are still reasonably priced. I'm not saying there won't be any pullbacks. What I am saying is that I think the exploration companies may be worth a long term hold, (thru next winter), as long as you keep your positions small enough to where you don't get hurt on a pullback, or the pullback causes your butterflies to break formation. dabum