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

To: richardred who wrote (19858)	9/2/2017 6:51:00 PM
From: robert b furman	1 Recommendation Recommended By John Pitera Read Replies (3) \| Respond to of 33421

Hi Rick, What John did was learn from past Houston examples of flooding and you could see it shut down the refineries and put a pop on gas. I can confirm that as a consumer in Houston since 1981 - every big storm moved price of gas up. When our Cleveland dealership was in a mandatory evacuation mode - you packed and left or you had stocked up in things and laid low. From living there when there was no electricity for 9-9 10 days - we did have water. Summer time you grille right. 3 things you needed: drinking water gallon of gas Ice - ddown beer or wine. LOL HIT IT HARD if it heads to Houston - nah it couldn't, could it? Have a good labor day! Bob

To: richardred who wrote (19858)	9/3/2017 6:16:12 AM
From: John Pitera	Respond to of 33421

Hi Rick...... Gasoline price are going up for another week... and lord help us if Irma gets into the Gulf.... I have spent extensive ... and I mean extensive time studying weather patterns.... Irma should head up the east coast and not get into the Gulf.... it would have to go over Cuba and hispaniola which are normally 'cane killers.... the basic problem is that the Gulf is about 8 degrees warmer than normal..... we don't need to do anything..... and if Irma were to come into the gulf and head to texas you may as well liquidate about 80% of your equities and look to get some short exposure in place. JP