B4 The Bell Frieday September 10

[Hiding Bear]

Vancouver: Make some room for energy refugees (says this think tank):

 

The founder of a Vancouver-based energy think tank has claimed that North America is on the verge of "a full-blown natural-gas crisis". Julian Darley, author of the recently published High Noon for Natural Gas: The New Energy Crisis (Chelsea Green Publishing Company, US$18), told the Georgia Straight that the looming energy shortfall could be even worse in Canada than in the U.S. because 80 percent of homes here are heated with natural gas.

 

Darley, director of the Post Carbon Institute (www.postcarbon.org/), also predicted that Vancouver's relatively mild climate will attract a huge wave of migrants from other parts of Canada. He said that every politician should regard energy--by that he also means food--as the most important issue. "We'll be in an energy crisis beyond belief by 2010, and so will the Chinese by 2008, by the way," Darley said.

 

His solutions include planning for Canada's withdrawal from the North American Free Trade Agreement and cancelling the 2010 Winter Games. "There is a potential for a speculation disaster--huge amounts of corruption--because every last parcel of land that doesn't fall below ?2 Celsius in the winter is going to be a favoured location to build more and more of these wretched high-rises, which don't work very well, by the way, without electricity," Darley claimed. "And I say this has got all the conditions for a bubble of horrifying proportions."

 

http://www.straight.com/content.cfm?id=4892

[Abby Justa Colon]

Just a thought -- Wall Street and the Republicans have a huge stake in what the stock market does between now and election time. I've noticed that every time the Dow begins to weaken, buying comes into the S&P futures, and then the Dow firms up as does the rest of the market.

 

No doubt they will pull out all the tricks to keep the markets up the closer we get to November.

 

It seems to have an invisible floor below that will let a decline go only so far.

 

My main system flagged a short signal last week, but a few indicators said major caution is advised.

 

Its anybodys guess from here....

 

Have a great weekend all..

[The End]

Went to bed early and now up early.

 

On the E-mini (not that this has mattered in the past) The commercials are net short approx. 229 thousand contracts. Up from only approx. 71 thousand a month ago.

 

trying to catch the worm. :wink2:

[Ned38]

TE

 

The old adage about the early bird gettin' the worm never mentions what a bad deal it is for the worm

[The End]

A good arguement for a Sept. TOP. After all most think the market will rally to the election.

 

http://www.safehaven.com/article-1952.htm

 

Ned,

 

The worm, in this case, is the bull.

[The End]

As this is 9-11. Let us all reflect upon the last three years. Have we learned anything? My heart goes out to all who suffered and continue to suffer from the tragedy three years ago. :cry:

[Butterfield 8]

Brian - I believe Shrub knows exactly what he is doing: stealing the treasury and giving it to his friends. Once again, for the millionth time, that is the outcome of his "blunder".

[orvack]

Like Fokker, I have no doubt that the U.S. will liberate Canada in the coming years in some shape or form.