Re: h/j/k

it's one of those theoretically great trades, but those don't always work.
Still, I'll put it on and win 7 times out of 10. just so hard for the market
to rally the backwardation is so weak. can easily see h going under if no
weather appears.

slafontaine@globalp.com on 02/12/2001 09:41:04 AM
To: jarnold@enron.com
cc:
Subject: h/j/k

wish i had let you buy all of them-cash supriingly weak to me. so i bailed on
the postion lost about 7 cts-not a disaster but a disappointment.
flat px looks like a pig here depite my not being overly bearish the
fundamentals. we hold or they take it down more??