Wednesday, March 16, 2005 9:04:15 AM
With oil prices sure to be a big topic today and the falling DOW (with GM)I see a chance for a significant drop in the utility index in general. Could be a nice dip in EXC that would set up a good buying opportunity. As a nuke producer they should be positioned to benefit more from high oil prices. Higher interest rates will put pressure on the entire industry, but the nuke outfits will benefit as the Bush administration is set to ease restrictions on new nuke plant construction.
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