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Re: Re: [sharechat] thl


From: Jefley Aitken <jefley@xtra.co.nz>
Date: Tue, 14 Nov 2000 15:05:01 +1300


ooops -- jeremy,
i wasn't meaning to imply that the climate's getting wetter, but that the 
weather 'patterns' of decades ago are of little use in forecasts for a 
financial enterprise.  more numerous and more extreme weather events (hot, 
cold, wet, dry, whatever) have characterised the 1990s more than historical 
records would predict.  prudent managers of weather-dependent enterprises 
should be at niwa's gates.
(nope, don't remember the floods of '53, but if you're referring to the 
tangiwai disaster, the very loosely compacted volcanic sediment round 
ruapehu was an accident waiting to happen -- it could have been shimmied 
downslope by a very small earthquake if the storm hadn't got in first.)

les, thanks for the calming suggestion -- i don't need the cash, so will 
just sit grim-faced.  the thought of thl at $1.70, let alone $1.50 is 
enough to send me researching tea leaves, but i promise i wont rubbish 
graphs/ charts...
 jefley

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