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

To: The Ox who wrote (3711)	4/24/2001 10:07:48 AM
From: ItsAllCyclical	Respond to of 23153

Covered shorts for now to be safe. Looks like the consumer confidence was positive for the market. NVLS said the 2nd half of 2001 was looking better and SecurityTrader is showing an inverse H&S pattern on the Nasdaq which would take us back to 2400-2500 before significant resistance. I still think VTSS and JNPR are way overvalued, but too much cash on the sidelines to fight the tape.

To: The Ox who wrote (3711)	4/24/2001 10:09:13 AM
From: gamesmistress	Read Replies (2) \| Respond to of 23153

Michael, it's ironic that the CA politicians and energy bureaucrats are screaming about "market manipulation" now, when they did their damndest to jury-rig the energy market so that everyone, the utilities in particular, was "protected" in some way. Unfortuately, they didn't understand the fundamentals of the energy business, and this is the result. BTW, the latest Raymond James updates are out. Haven't had a chance to read them yet, but here's the URL for the Energy stat-of-the-week, entitled "Look for a Major “Whipsaw” in Natural Gas Prices this Summer". raymondjames.com