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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (39720)	8/30/2005 11:26:07 PM
From: Moominoid	Read Replies (1) \| Respond to of 306849

3 feet above sea level they were saying on that Louisiana TV station due to all the rain and water pushed inland... On Nymex, Gasoline is $2.54. Nat gas at a new too. Crude over $70: nymex.com Gasoline will be over $3 retail immediately, if this holds at all.

To: Jim McMannis who wrote (39720)	8/30/2005 11:31:10 PM
From: bentway	Read Replies (2) \| Respond to of 306849

Maybe everyone can just buy a boat and live upstairs. Rename the place Venice. Sell scuba tours of Old New Orleans.

To: Jim McMannis who wrote (39720)	8/30/2005 11:32:24 PM
From: BWAC	Respond to of 306849

<So, water will just fill N.O. to sea level or lake level? Then they can fix the problem? > Thats what I suspect. Its gonna take some sort of equilibrium in the water levels. I hear they are talking about sinking barges in the canal as a stop gap. Block the canal approach instead of plugging/repairing the levee breach. Doubt it will work, even if the water flow pressure is less in the canal. ----------------------------------------------------------- I also suspect that the "next" problem is going to be the rainfall "upstream" eventually flowing into the Ms River over the next week or so. Stressing the really big levees or seawalls on the river.