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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (12820)4/29/2004 12:20:25 AM
From: Raymond Duray  Read Replies (2) | Respond to of 110194
 
mishedlo,

Thanks for your efforts to contact a real expert on the subject of LNG and its hazards. The video is particularly useful for dispelling hysteria and misunderstandings about the nature of LNG.

It's unfortunate that some folks in the environmentalist camp seem to be so divorced from reality at times.



To: mishedlo who wrote (12820)4/29/2004 12:34:49 AM
From: Elroy Jetson  Respond to of 110194
 
Perhaps the amazing Dr Chenwa needs to talk to the Quest Consulting firm Chevron-Texaco hired to measure the spread of an actual LNG plume in the open ocean. Their actual measured results are completely insane according to the amazing Dr Chenwa.

netl.doe.gov

I'm sure Chevron-Texaco maintains the same standards of honesty as when I worked there, so I am confident that the reported results in their published report are accurately reported, even if it blows Dr Chenwa's mind and leaves him reeling.

Some naive persons have suggested that the area of devastation would be limited because the plume would immediately ignite. As I have pointed out, nothing could be further from the truth. The initial stream of LNG does not yet contain enough air mixture to be flammable. You can even extinguish a cigar, or humans, with the plume. Only once the plume reaches it's outer boundary of spread does it become flammable.

Once the plume ignites, the flame spreads back toward the tanker at, what the Chevron report describes as, a "subsonic rate of speed" although not to much slower.

Ignorant people and spinsters whose job it is to paint a different picture would love to have these inconvenient facts go away.

You have no conception of the potential devastation that would be created by a major loss of containment in an LNG tanker. I can safely say that it is beyond your wildest imagination.



To: mishedlo who wrote (12820)4/29/2004 6:39:55 AM
From: russwinter  Respond to of 110194
 
On my Eurodollar shorts. I've bought to cover almost all my Sept shorts in the last few days. I made about 40 bps on them. I still hold some June's and will likely just take them through the payroll number, which I suspect will be a strong one. However, I think the economic reports turn south very quickly after that. I'd say the market expectations now about rate hikes look about right to me,
trendmacro.com
although I think the first increase will be in June, and it may be 50 bps, with another 25 bps increase at the two next meetings. That's probably not enough to justify staying short the EDs though. I rather get aggressive on assets with real value given the terribly slow response (mostly talk, and trying to spook speculators) of the symbiotic trio to inflation.



To: mishedlo who wrote (12820)4/29/2004 12:32:18 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Reuters
Bridgestone Raising Tire Prices
Thursday April 29, 11:55 am ET

CHICAGO (Reuters) - Bridgestone Corp.'s (Tokyo:5108.T - News) U.S. and Canadian units plan to raise prices on most tires by up to 5 percent on June 1 because of higher raw materials costs, the companies said on Thursday.



The price increases cover replacement and original equipment tires under the brands Bridgestone, Firestone, Dayton and others, they said.

Some prices of off-the-road tires could rise by up to 8 percent, said the U.S. unit, Bridgestone/Firestone North American Tire, which is based in Nashville, Tennessee.

"While we have taken many affirmative steps in our plants and in our processes to address and attempt to minimize the impact of these rising costs, we have been unable to offset them entirely ...," said Yuji Tomiyasu, president of Bridgestone/Firestone North American Tire.

Japan's Bridgestone Corp. is the world's largest tire and rubber company. Its Canadian unit is Bridgestone/Firestone Canada Inc.