mbr

Large Caps Could Lead the Market Much Higher

The weak link in this demonstration : "the typical forward PE is 15X". Forward PE is based on projections and we know how wrong these can be. Show the trailing PE and we will see. Actually it is close to 20 vs. a 15 historical average. The wall street bandwagon uses whatever it can.

Why Is Congress Agnostic About Natural Gas?

Just read this: "by Aurelia End Aurelia End – Wed Sep 9, 11:06 am ET BERLIN (AFP) – An ambitious project was unveiled in Germany on Wednesday to install mini gas-fired power plants in people's basements and produce as much electricity as two nuclear reactors within a year.

The Hamburg-based renewable energy group Lichtblick and its automaker partner Volkswagen say the plants would produce not only heating and hot water but also electricity, with any excess power fed into the local grid.

The two firms said the concept of "SchwarmStrom" (literally, "swarm power") would allow Germany to abandon nuclear and coal power stations sooner and help compensate for the volatility of renewables like wind and solar power...."

Not only do the US have huge nat. gas reserves they are also ahead of the competition for most efficiently converting it to power. Just check Capstone Turbine Corp. In other words the US could easily beat in efficiency the "SchwarmStrom" system, not writing about the most efficient hybrid vehicles (see GreenCar.com
August 31, 2009 Title: Ford S-Max Hybrid Uses Advanced Capstone MicroTurbine Power).

Unfortunately "Dereliction of duty" also abounds.


Long CPST of course