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Enron Mail |
The AGA number was definitely more bullish than anyone expected and it has caused us to rally to levels that I didn't think we were going to see a long time. But, I do not think that the trend has changed. In my humble opinion, I think that the number was probably an adjustment of over statements of inventory over the past 8 weeks. I do not believe that the number should have any baring on the numbers going forward.
I still expect us to trend down, but it will probably take an extra week to recover from this move. Regards, Jon -----Original Message----- From: Joslyn, Kate Sent: Thursday, August 16, 2001 6:26 AM To: Mckay, Jonathan Subject: AGA Numbers Jon Has your view that we are likely to see prices trending down changed based on the AGA numbers that we saw yesterday? Or is that just a short term fluctuation? KJ
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