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To: Zardoz who wrote (70852)5/30/2001 10:13:37 PM
From: E. Graphs  Read Replies (3) | Respond to of 116815
 
Hutch,

I don't agree with you. I see it as a diamond consolidation and hopefully a reversal formation starting in 1998. Your double top has been resolved and a double bottom at ~255 recently solidifies the diamond. We are near the apex and I think we're pretty much oversold.

stockcharts.com[h,a]diclyymy[d19960101,20010531][pb50!b100!b200!f][vc60][iLb14!La12,26,9!Lo14!Lh14,3]

Regards,

E



To: Zardoz who wrote (70852)5/30/2001 10:31:08 PM
From: marek_wojna  Respond to of 116815
 
<<No this is the third head of the OCT 99 spike, and thus fits within the down trend from then >>

Now I'm enlightened thanks to you and technology. On the next head I'll sell.



To: Zardoz who wrote (70852)5/30/2001 10:35:07 PM
From: E. Charters  Read Replies (1) | Respond to of 116815
 
Hutch. I need tomorrow's headline, let's say in the National Post. Make that Friday too. Gotta make some trades.

You can do it. It's the third spike of the December 98 head.

So TA has some merit in some cases. But predictive methods must mathematically analyse waves and project either linearly or non linearly.

What is your TAU and DE?

Tell me liberal political prejudice isn't part of your equation.

EC<:-}



To: Zardoz who wrote (70852)5/31/2001 12:34:01 AM
From: Andrew  Respond to of 116815
 
You are wrong.

That downtrend has been broken. However it may still take years for gold to move to 350 - 400. Or it may takes weeks.

chart.bigcharts.com



To: Zardoz who wrote (70852)6/1/2001 9:07:48 AM
From: long-gone  Read Replies (1) | Respond to of 116815
 
Remember what I said about wheat? What happens when bread price goes higher?
USA
A CHRISTIAN SCIENCE MONITOR NEWS ROUNDUP
Disruptions of a new Dust Bowl

Even cactuses are thirsty and fish can't spawn as severe dryness hits US.

Reported by Todd Wilkinson in Bozeman, Mont., Jennifer LeClaire in Winter Haven, Fla., and staff writer Kris Axtman (axtmank@csps.com) in Austin, Texas. Written by Ms. Axtman.

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In Florida, the shorelines of Lake Okeechobee, the state's "liquid heart," have receded as much as 150 feet, marooning docks and leaving alligators dead in the bullrushes.

In Grand Teton National Park in Wyoming, much of Jackson Lake, one of the most photographed bodies of water in the world, may have to be drained to provide relief for drought-stricken potato farmers in Idaho.

In Washington, dry conditions are causing early glacial melting on Mount Rainier, spawning rock slides.

One of the worst droughts since the Dust Bowl of the 1930s is gripping much of the US - hurting farmers, scaring firefighters, and forcing water restrictions from Ft. Lauderdale, Fla., to Midland, Texas. In parts of the Southwest, it's so dry the cactuses need watering.

The flint-dry conditions now encompass a full one-third of the United States. While that is still far less than during the Dust Bowl - which, at its peak, affected two-thirds of the country - the depth and breadth of the current dry spell is causing widespread social and economic disruption.

"We are always going to have droughts," says Michael Hayes, a climatologist at the University of Nebraska-Lincoln. "But the fact that so much of the country is involved does make this one significant."

Currently, the two most affected areas in the US are the Northwest and the Southeast - each with their own set of problems. Parts of northern New England and south and west Texas are also suffering.

Aggravating the situation is the length of the drought. Florida, for instance, is entering its fourth year of what is being called one of the worst dry spells on record.

Growth is surely a contributing factor to the state's dwindling water supplies, but nature takes most of the blame. Dry conditions over the past three years have caused a 51-inch rainfall deficit.

The dearth is impacting everything from tourism at Disney World (where smoke has obscured the theme park) to sugar cane growers to the hue of peoples' backyards.

Perhaps worst is the fire danger. Already, some 2,900 blazes have charred more than 260,000 acres since January. In the past three years, more than 1.1 million acres have been burned.

"This drought is as bad as it's ever been in history, especially when you relate it to how many people live here now as opposed to 50 years ago," says Jim Loftus with Florida's Division of Emergency Management.

Some of the effects are more subtle. Around Lake Okeechobee, the largest body of fresh water in the US outside the Great Lakes, sale of fishing tackle is down.


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Elsewhere, tiny bark beetles are chewing through thousands of acres of pine forests, targeting trees weakened by lack of ground water. Black bears, scavenging for food, are dying along the state's roadways in record numbers.

Local officials are doing what they can to husband water supplies. Millions of homeowners in south and central Florida are under orders not to water their lawns more than twice a week. In Tampa, the fine for a first violation is $100.

Local officials are also trying to educate residents about ways to conserve. Consider just one factoid: Covering an average swimming pool can save 1,000 gallons a month from evaporation. Florida's only relief may now lie in another peculiarity of the calendar - hurricane season.

No snow pack

The Pacific Northwest doesn't have that kind of precipitation to look forward to. The area's main source of water comes during the winter, meaning the parched landscape must wait for months.


BONE DRY: The drought in the Northwest has driven lake levels so low that the banks of Lake Roosevelt, in Grand Coulee, Wash., don’t even reach this dock. Since the area’s rainy season comes during the winter, residents are unlikely to see much relief in coming months.
JEFF GREEN/AP/FILE


"There's not much opportunity for relief in that area," says Brad Rippey, a meteorologist with the US Department of Agriculture. "They're going to have to rely on what little snow they had and wait until the next rainy season."

That's already proving problematic. At Crater Lake in Oregon, the snowpack that usually measures 80 inches this time of year is already completely melted.

Indeed, climatologists say the Northwest, suffering its second worst drought since 1895, is their biggest concern at the moment. Water is in short supply and high demand, especially with the current electricity crisis.

Hydroelectric plants are competing against farmers and conservationists for water in the rivers - many of which are now mere rivulets. The Yellowstone River, for instance, is running at a 40-year low. It's so depleted that the paddlefish have been unable to swim upstream to spawn.

In nearby Montana, a dozen large rivers are in differing stages of trouble, including several that are premier fly-fishing destinations - something that brings millions of dollars into local economies. Farmers and ranchers, who need the water for irrigation, are fighting with tourism promoters and biologists trying to leave enough water for the fish.

Talk these days - echoed at meetings of the governor's Drought Task Force - is that unless rains come, fishing could either be restricted or shut down on certain rivers by mid-summer. Last summer, forest fires in Montana forced the closure of all public lands to recreation.

"We're far drier than we were last year at this time," says Jess Aber, a water expert with the Montana Department of Natural Resource and Conservation.

Forecasts for stream flows, soil-moisture readings, and reservoir-storage projections are all worse than last year. Already, every county in Montana has been classified as being severely drought-affected. "People are getting anxious," says Mr. Aber.

Why the dry spell

While farmers, ranchers, and golf courses are struggling to cope, scientists are looking at their computer printouts for reasons for the drought - and its duration. El Niño and La Niña climate patterns are often cited.

But researchers are also looking at history. Some experts believe the Dust Bowl fell under a stronger yet less well-known weather pattern known as the Pacific Decadal Oscillation, an El Niño-like occurrence that hit North America particularly hard. Some experts believe the US is now experiencing the effects of a similar phenomenon.

If there's anything good in the current drought, it that it's spurring a greater sense of readiness. States have begun drafting drought mitigation plans, increased monitoring, and improved coordination among agencies. "Before the drought of 1998, officials had no capability to capture lessons learned," says Dr. Hayes. "We had many, many years of states running around trying to reinvent the wheel."

Sam Simmons is relying on his own wits to get through the dry spell. The south Texas farmer has replaced his water-intensive crops, such as sugar cane and vegetables, with cotton and grain sorghum. Even so, he's struggling.

"I hope I'm not losing a whole lot," he says. "I don't like to think about it."
csmonitor.com



To: Zardoz who wrote (70852)6/4/2001 8:43:25 AM
From: long-gone  Read Replies (1) | Respond to of 116815
 
Additional new demand

Monday June 4, 8:01 am Eastern Time
Press Release
Prodesco Announces Organizational Changes
PERKASIE, Pa.--(BW HealthWire)--June 4, 2001--Prodesco Corporation, a leading manufacturer of high end industrial and medical textiles, today announced the following executive changes:

T. Nash Broaddus, majority owner and Chairman for more than 25 years has transitioned from Chairman of the Board to Chairman Emeritus. A native of Richmond, Virginia, Broaddus is a graduate of University of Richmond. He served his country in both World War II and the Korean conflict as a sea-going Naval Officer.

Robert J. Sievers, President and CEO since 1993 will assume the role of Chairman of the Board. Prior to joining Prodesco in 1988, he spent 33 years with the Du Pont Corporation, holding positions that included President of Du Pont Japan. Mr. Sievers is a graduate of the Polytechnic Institute of Brooklyn.

Stephen K. Chadwick, who joined the company as Chief Operating Officer in 1992 has been appointed President and CEO. He is a 1962 graduate of the U. S. Naval Academy and transferred to the Navy's retired list with the rank of Rear Admiral in 1990.

Thomas R. Molz has been appointed to the position of Executive Vice President.

E. Skott Greenhalgh, Ph.D., has been appointed to the position of Vice President of Engineering.

Thomas E. Dertouzos has been appointed to the position of Vice President of Finance.

``We are very pleased that Nash, in his new role as Chairman Emeritus, will continue to provide guidance and counsel to the company. Under his leadership Prodesco has enjoyed significant growth, and now has a worldwide reputation for supplying highly engineered textile-structures for industrial and medical applications. Our Medical Division has become the premiere developer and manufacturer of textile components for use in the growing demand for medical devices implanted in the body'', according to Bob Sievers.

Prodesco, Inc., headquartered in Perkasie, Pennsylvania, has become a leading developer and manufacturer of highly engineered fabrics for demanding applications in the medical device, aerospace, and industrial markets. The Company's fabrics are found in arterial grafts, such as the groundbreaking abdominal aortic aneurysm (AAA) stent-grafts, in hernia mesh, and in many other medical applications that not only improve the results of difficult surgical procedures but also cut recovery time by enabling less invasive procedures. Similarly, the Company's fabrics are a part of the space shuttle and numerous other aerospace applications and also are a critical component in membranes used in the production of chlorine and caustic soda throughout the world.

Prodesco was established in 1943 to provide research, design, and engineering expertise to specialty textile manufacturers. Nash Broaddus purchased the company in 1975 and set a new course for Prodesco, while leveraging the skills and capabilities that were resident in the organization. Since then, the Company has demonstrated a strong track record of product innovation. This focus on innovation is evident in the Company's long history of industry firsts, which include the development of the first astronaut spacesuit fabric, the joint development of Kevlar anti-ballistic fabrics, and the development of unique gold-plated mesh for communication equipment.

While Prodesco has historically concentrated on industrial markets, during the past five years the Company has begun to focus its growth strategy and concentrate on the rapidly growing medical device market. In order to enter this market, Prodesco became ISO 9001 registered in 1995 and has subsequently acquired the CE Mark, enabling European sales of a medical device it manufactures. By developing a strong portfolio of design patents and by partnering with many of the major medical device manufacturers in the world in joint product development initiatives, Prodesco has participated with its partners to obtain FDA approval on several key product lines that are experiencing exponential growth in worldwide markets. For more information on Prodesco's products and services, visit the company's web site @ www.prodesco.com.

--------------------------------------------------------------------------------
Contact:

Prodesco Corporation
Tom Molz, 215/257-6566 x115
tmolz@prodesco.com
biz.yahoo.com