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Re: Blackouts



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I moved to Dallas from LA in the fall.  Since then I have been completely
shut down three times due to weather, despite substantial power backup:
Once for a 6 hour power outage, once when phones were down for half a day
and once when a 70 mph gust (so they said) spun my satellite dish around in
the middle of the night.  Doesn't seem so bad after the CA situation.  Not
only having to worry about your power, but your ISP, etc.  I guess the next
trend in CA real estate will be power availability -- higher prices in LA
due to power availability...  What truly amazes me is how much
market-insensitive banter still dominates the debate.

Chris

----- Original Message -----
From: <LScharpen@xxxxxxx>
To: <jz@xxxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Tuesday, March 20, 2001 12:28 PM
Subject: Re: Blackouts


> In a message dated 3/20/01 6:53:18 AM Pacific Standard Time,
> jz@xxxxxxxxxxxxxx writes:
>
> << I'm curious as to how the rolling blackouts have affected traders on
the
>  Left coast.  Has your IP gone down?  Is your UPS any help or are the
>  blackouts too long?  Can you continue trading some how during the BO?
>  Regards,
>  Jack. >>
>
> I'm in the Sacramento, CA area.  I've had one of the 'rolling black out'
> shutdowns which lasted about 1 hour.  That's a little long for my APC UPS.
I
> certainly  wouldn't trade during one of these. I don't  usually use stop
> orders in place (short term trading)   When I got 'blacked', though,  I
had
> my broker work both a profit stop and a loss stop on the positions I held
at
> that time.  The black out was a pain in the *** but, in my mind, nothing
that
> serious.  Part of the price to be paid for some bad policy decisions.
>
> Lee Scharpen
>