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Enron Mail |
amazing how with cash futures at $1 and the back such a piece that f/g under
such pressure. month 2 has been the strongest part of the board all year. will be interesting to see what happens when h/j is prompt. could j actually be strong? seems like of the spreads on the board the best risk reward is in f/g. a little worried about having the z/f effect again. that is, all spec length trying to roll and funds trying to roll at the same time leading to some ridiculous level at expiry. any thoughts? slafontaine@globalp.com on 12/08/2000 12:05:54 PM To: John.Arnold@enron.com cc: Subject: re:summer inverses i suck-hope youve made more money in natgas last 3 weeks than i have. mkt shud be getting bearish feb forward-cuz we already have the weather upon us-fuel switching and the rest shud invert the whole curve not just dec cash to jan and feb forward???? have a good weekend john
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