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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: All Mtn Ski who wrote (4965)	10/24/2001 12:57:03 PM
From: John Pitera	Read Replies (1) \| Respond to of 33421

Tom, I also think that Coale was speaking in code, first of all this may not happen, two, I'm not the one shouting fire in the movie theater, but I'm also getting the message through to the congnescenti. 12:15 ET Dynegy (DYN) 38.01 -4.70: Hearing that stock is down due to rumors that DYN has cut off Enron (ENE 15.82 -3.97) as a trading partner due to credit concerns; sources at CIBC World Markets telling us that DYN denies this, and that CIBC recommends buying DYN on weakness. If the principle market maker in vital markets is serious trouble and the free flow of energy products is threatened, you could possibly even see Govt involvement, as a energy markets stabilization measure. Not that ENE is in this kind of dire straights, but obviously there is fear in the air for at least the common stock of ENE. Question does this fear mean opportunity or danger.... My darn oracle is on the fritz today! ....any thoughts ? -vbg-