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Andy: Is the new version of EOL coming out soon.
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I'm waiting to put new products on until it comes...
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John
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Thanks.
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Russell: My risk group frequently uses the New Counterparty label for internal counterparties that do not have a trading book.
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This transaction was a hedge for the acquisition of the paper plant we announced recently.
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I'm not sure who the internal group is that did the transaction.
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Dutch Quigley should be able to help.
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John.
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Jeff: In regards to the antitrust training, can you please schedule that at least one of the sessions starts at 3:00 or later to ensure participation by all.
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Thanks, John
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Mary: These agreements are acceptable.
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Please sign the give up agreements with Banc One.
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John
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VP Nat Gas Trading
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The plan looks good.
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Can you please attach a time schedule to the different steps and send it back.
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Thanks, John
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Frank: One of the most likely scenarios for a VAR blowout would be a severe cold front hitting the country in the middle to latter part of the winter.
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In such a circumstance, cash may separate from prompt futures similar to how Midwest power traded $5000+ on specific days last year while prompt futures were $200.
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The correlation between prompt and cash is normally very strong, and is indicated by the small VAR associated with a spread position currently.
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But in the winter that may change.
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Another thing to keep in mind while developing this scenario is the assymetric risk presented by having a spread position on.
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Assuming we enter the winter with normal to below normal storage levels, a position of long cash, short prompt futures has a long tail only on the positive p&l side.
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While such a trade in an efficient market has expected payout of 0, the payout probabilities may look like the following: Enron North America Corp.
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thanks
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Liz: Come by anytime...
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Thanks, John
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Hey: What's the update on Larry May's VAR issues.
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Again, this is a priority as we will lose Lavorato's VAR soon.
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Thanks, John
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Jan Red Jan trading 28.5 with Sep @ 381
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I have not heard back from you.
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What is the schedule for changing the VAR process?
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Please reply, John
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That is fine...Just make sure you ensure the confidentiality of the floor is not compromised.
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Do not let him see any EOL entry screens.
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Thanks, John
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Hey: Do you have JP's email address?
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John
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Hello: There is one feature that has not been transferred to the new stack manager.
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When I sort by both counterparty and product at the bottom of the screen, the position summary does not sort by both product and counterparty, just by product.
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It would be very useful if you can replace this.
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Thanks, John
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The following is a summary of the trades EES did today: # buys # sells Oct 4 / day Total contracts traded = 2045 Thought you should know...
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John
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Please take me off email list.
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I am leaving early on Friday.
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If they want I'll try to talk to the kid for 15 minutes around lunch.
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John
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Although I would prefer to see the counterparty name for failed transactions, it is not of great importance and I certainly understand a third party system not supplying us with that info.
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JP: Hope things are going well.
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I'm trying to get the email address of your new partner, Tracy.
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If you have, can you forward?
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John
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Yes, I managed it while she was on vacation.
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Hey: Do you have any extras for tonight's game?
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John PS.
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How's you bowl
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Hello, Just checking to see if things are progressing as scheduled.
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Thanks, John
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I will not be able attend but Errol will be there in my place.
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Thanks, John
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Scott: Congrats on some great tech analysis of late.
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You've called it near perfectly over the past month.
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John
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Congrats on your new job..
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Andy: Just checking on the options.
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Any idea on rollout date?
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John
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Thanks...anxiously awaiting
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Web server noticeably slow today.
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I'm getting a lot of bad failed trades (2-3 seconds behind when I change a price).
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Not necessarily slower than yesterday, but definitely slower than a month ago.
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If J. Franco wins, you win $2425 If he loses, you lose $75
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I had a dream that you were laid off yesterday, the day before your deal.
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Just checking on Saturday with third eye blind...
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Hey, Can you add Whalley and/or Andy Zipper to Pedrone's interview schedule.
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He can come in earlier if necessary.
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If you need to talk to him, he is staying at the Omni and his cell number is John
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Had Carlos Franco just shot a 49 yesterday instead of a 70, you would have won.
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Due to VAR reasons, you and I both need to sell today.
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Vol and price are going up, implying Enron can carry fewer contracts today than Friday.
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Have your desk net sell 400 today.
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John
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Is that hugs or kisses?
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when are we invited??
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does the arnolds' worldwide notoriety surprise you?
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Ina: 1.
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Vacation is fine.
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2.
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Please put meeting below on calendar.
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3.
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I am going to analyst presentation at Vanderbilt.
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Find out when it is and put on calendar.
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4.
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Can you find out who is on the ENA management committee meeting I went to along with their title and responsibilities.
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5.
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Can you schedule a meeting for Tuesday or Wednesday late afternoon with Phillip, Hunter, and Fletch about EOL Thanks.
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Dear fellows, Please remember to fill out your pledge card for United Way (even if you don't plan on contributing) if you haven't done so thus far.
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