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To: Jacob Snyder who wrote (156958)9/13/2011 4:48:27 PM
From: Bearcatbob1 Recommendation  Read Replies (1) | Respond to of 206085
 
Jacob, If there is industry there will be industrial accidents - and industrial deaths. If there is life there will injury and death accidents. The concept of France walking away from nuclear power when their basic fiscal stability is coming under question is laughable.

I wonder how many people were killed today in car crashes in France today?

Ah - who cares - I own no nuclear stocks - anything that drives the cost of hydrocarbons higher is good for me. I think I should join the French socialists and demand a reduction of French nuclear power.

Bob



To: Jacob Snyder who wrote (156958)9/13/2011 6:03:58 PM
From: CommanderCricket9 Recommendations  Read Replies (3) | Respond to of 206085
 
"Also, it demonstrates the inability of anyone (U.S., Russia, Japan, and now France) to run their nuclear industry safely. Different designs, different governments with different regulatory attitudes, but nobody can do it safely."

Name an industry where people aren't hurt or occasionally die?

Does the coal, NG or crude industries run without injuries or death.

IMO it demonstrates an uneducated public and phobic fear against anything involving "radiation".



To: Jacob Snyder who wrote (156958)9/16/2011 4:47:00 PM
From: Jacob Snyder1 Recommendation  Read Replies (1) | Respond to of 206085
 
Recession Watch:

Household wealth in the U.S. dropped in the second quarter for the first time in a year, hurt by falling share prices and declining home values. Net worth for households and non-profit groups decreased by $149 billion... bloomberg.com

2011 will be the 6th year that world production of crude oil was unable to increase beyond the ceiling established in 2005:
http://seekingalpha.com/article/293689-limits-to-keynesianism

Initial unemployment claims, after falling steadily from the recession highs, have stopped going down, and are stuck at about 400,000/week:
http://seekingalpha.com/article/293952-jobless-claims-picture-gets-bleaker

Vertical line at the Lehman bankruptcy:

seekingalpha.com

Recent Sovereign And State CDS Trends; France Now More Risky Than California And New York
seekingalpha.com

ST capitulation?
1) The USA Today consensus showed that strategists have cut their year-end S&P 500 target by 8%.
2) Wall Street economists are at 40% recession odds, which means if the heads of research allowed them to really say what the probability was it would be 80%.
3) Bank of America let its chief equity strategist go who was calling for 1,450 on the S&P 500 and the most bullish seer out there (we wish him well).
4) The AAII investor sentiment suvey shows 30.2% bulls and 40.3% bears.
5) The Investors Intelligence survey also did a switcheroo, with the bull camp in the past week down 3.2% to 35.5% and the bear share rising the same amount to 40.9%. That is the largest number of bears since March 2009 (was 21.5% at the July market peak). And we have the fewest bulls since the August 2010 retest of the lows back then. The “spread” is now -5.4% between bulls and bears, well off the +28% gap at the July market peak.
6) Short interest on the NYSE and Nasdaq surged nearly 4% in the second half of August; these positions are now being squeezed, which is the “buying support” the market has been experiencing in the low volume rally of the past few sessions.
seekingalpha.com