Enron Mail

From:john.arnold@enron.com
To:slafontaine@globalp.com
Subject:Re: diff topic
Cc:
Bcc:
Date:Tue, 6 Feb 2001 23:43:00 -0800 (PST)

i think you're absolutely right about q/u. again just a question of when to
put it on. Seems as if I'm always on the offer of that spread. yesterday i
had a 4.5 offer all day and i think i got 50 or so. i can almost leg it
better by buying winter and selling summer and the j/q spread. i would like
to see it widen another penny before stepping in and i think with the
weakness in the winter and relative weakness of cal 2, on any rally that
could happen.

was that you on the q/u/v fly yesterday?