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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (2292)	3/22/2001 9:31:07 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 23153

New development in California. The debt just started growing at a much faster rate. All you Californians can thank your elected officials for failing to address the critical issues. The incompetence is friggin' incredible! biz.yahoo.com Calif. judge frees power company from Edison contract He said, however, it would allow them to sell power from its plant on the spot market, where California's desperate need for electricity has pushed prices far above what was agreed in its contracts with SCE. ... quote.bloomberg.com California Assembly Rejects Plan to Pay Small Power Generators By David Ward Sacramento, California, March 22 (Bloomberg) -- The California state Assembly rejected a bill that would have cleared the way for the state's utilities to enter into long-term power contracts with smaller electricity generators. The Assembly voted 48-24 for the bill, six votes shy of the two-thirds majority needed to approve the bill. Most Assembly Republicans voted no. Republicans said they objected to items in the bill that were unrelated to its central purpose. ...

To: Think4Yourself who wrote (2292)	3/22/2001 11:08:50 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 23153

Short interest for ACTM over 12 months viwes.com It's a slow, steady increase for the most part. I was under the impression that a large % of these shares were due to a convertible or mergers but that doesn't seem to be the case. You don't really see any significant covering when it ran from 12 to 30 in Jan, but maybe the shorts simply re-established positions. Hard to say. So many techs had bounces of 50%+ that I cannot say how much of it was due to short covering. SLR one of the leaders in the sector made a new low and turned higher. If the Nasdaq heads higher and SLR follows we could have a real winner short term. If it does run I may just take profits before each close and try to buy again the next day. I want to limit my exposure to any warnings. SLR chart 207.61.23.98 SLR has already warned so the downside may be in, but unlike the ACTM chart the SLR chart still looks like a falling knife. I'm keeping a tight stop loss for now though. If it goes below 11 1/2 I'd rather sell and watch from the sidelines.