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Strategies & Market Trends : Scam Sniffing, Ball Busting Vigilantes -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (176)	2/2/2002 12:03:33 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 292

Raimundo, Your punctuation is fine with me, and you haven't disagreed with any of my three main points, which is comforting. As for your prediction that this will be part of a huge deregulation vs. reregulation gestalt, I disagree. First of all, anyone who even uses the term "deregulation" with regard to California's power laws is smoking something which renders an illegal smile. California made its own ludicrous bed (a death spiral, in popular parlance) and when it finally seemed they would choke on brownouts and blackouts in perpetuity and have to buy up all the Pacific Northwest's power supply to keep their sushi bars "a clean, well-lighted place," they locked in long term contracts for NG at ridiculous prices. But that is all old history. We may well have a Democrat president in 2004; it will depend on non-economic events for the first time in 30 years. I personally think the news coverage of Enron resembles the news coverage of Gary Condit, I'm just wondering why in these days of fast news, this slow news day story has such legs. Kb