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It's the main thing customers are selling right now because every equity analyst and even Pira are telling their customers that cal 2 will average 3.50.
dev34
so either the v/x and x/z spreads come in or f/g g/h h/j blow out.
dev34
After this winter, who in there right mind wants to buy f/g or g/h again.
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my thought is that the primary juice will be h/j but v/x and x/z will be under some pressure.
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i'm a seller at 9 and buyer at 5-6.
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Not much in it either way though.
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no...
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i went with matt thurell from koch.
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they've got some corporate townhouse out there.
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very nice.
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good to see the old days of waste aren't completely gone yet.
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Neal: Referencing Apr-Oct 5315/35 and Nov-Mar 534/536, on the following volumes I am 533/536.
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Feel free to call to transact.
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713-853-3230
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Mr Sturm: Due to the California power crisis, Enron Gas Trading is unable to extend sell authorization on options to Enron Power Trading.
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Please call if you should desire to sell any options and credit will be extended on a trade-by-trade basis.
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We apologize for any inconvience.
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Sincerely: John Arnold Vice President, Gas Trading Enron North America
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probably not.
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it would have to have a lot of upside.
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never hurts to listen though
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will do
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he sends me his stuff...
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i like him because he's willing to take a stand.
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so many technicians bullshit their way "support at 5400-5600 but if it breaks that look for 5250".
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if every technician put specific trades on a sheet with entry and exit points and published them every day, a lot of people would be unemployed.
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don't care about the front.
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i think its vulnerable to a good short squeeze like we saw on thruday and friday.
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trade is getting short in here with cash such a piece.
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if weather ever changes, which the weather boys are saying it might in 2 weeks, the cash players are going to be big buyers.
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don't really want to carry length on the way down waiting for that to happen though.
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Backs are crazy stong.
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cal 3 traded as high as +10.
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everybody a buyer as california trying to buy any fixed price energy they can find
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remove from email list
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i think you're absolutely right about q/u.
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again just a question of when to put it on.
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Seems as if I'm always on the offer of that spread.
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yesterday i had a 4.5 offer all day and i think i got 50 or so.
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i can almost leg it better by buying winter and selling summer and the j/q spread.
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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.
dev34
was that you on the q/u/v fly yesterday?
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but what's a pig?
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you will have 4 tix.
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make your plans
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just sold 500 q/u at .05 that was the pop i'm looking for
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this is the move i was talking about.
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v/x implicitly trading 5.5 right now because cal 2 is weak.
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some sell side deal got done there but jv is strong
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you fucker that's my trade.
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i was trying to buy nines the last 20 minutes.
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all i got was scraps.
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50-100.
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i think it's a great trade.
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split connect
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we need one more good shot of cool air to ensure complete and utter chaos for the next 10 months.
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hopefully this is it.
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you gotta love heffner...'if we take out the jan 31 low there is NO WAY anything bullish can happen'
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cute girlfriends....
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I'm in
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cute girlfriends....
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I'm in
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i think we would rally if march were the only thing traded.
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Problem is summer and on out so weak.
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trade scale up seller of jv as it gets close to 600.
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some customer selling in cal 2.
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so h/j and j/k need to blow out because no other spread is moving.
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i'm a seller of j/k so h/j needs to blow.
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all other trade is scale up seller of that so it can move but slowly.
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it's a struggle each penny at this point.
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at least one spread needs to break if we're going to run and i don't see that happening.
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i think taking a cab is more convenient assuming we can find one on the way back.
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hey hon: had a great time last night.
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you're one ok chick.
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john
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can you change deal 27 (paribas) today to NYMEX from gas daily
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can you change #23 and #375 to Nymex
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yea
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imagine you have a gas well in the middle of west texas and you only have one pipeline running to your well.
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the guy who owns the pipeline can fuck you because you have no choice but to flow your gas that way.
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split connect means you have at least 2 options to flow your gas so the price the producer receives is more competitive and if anything happens to one pipeline you don't have to shut your gas in because you move it to another pipe.
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i'm going out with my brother and sime guys from work tonight.
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are you free saturday day and night?
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can you send it through lavo.
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he's suppose to pay for it.
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thanks, john
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Ina: Can you change my meeting with Sheriff's boys to Tueday after 3:00 from Monday.
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Also, stick me on thedistribution for the Enron press pack that has all the articles in which Enron is mentioned.
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Thanks
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Cast John Arnold Bill Perkins Dean Theriot (trainer) Dean: What's your favorite restaurant?
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John: Why, are you trying to make Valentine's Day plans?
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Dean : No. I'm ready.
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I've already bought a Valentine's card.
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Bill : John's ready too.
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He already has his Valentine's hickey.
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Liz: I have 4 tickets for Destiny's child for you.
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They're pretty good seats.
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I'll put these on hold while I still try to get a box...
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John
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the end of the season is typically the best month to hold.
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