RE: crude buying

if cash/futures is 10-15 then oct will have a very weak settle.

they are trying to use the regular access system on the internet which was supposed to come out two weeks ago but they delayed because the firewalls and security issues hadnt been solved

-----Original Message-----
From: Fraser, Jennifer
Sent: Thursday, September 13, 2001 11:31 AM
To: Arnold, John
Subject: RE: crude buying

okay i guess i misunderstood the press release or the bubbleheads on cnbc--so they will be using the regular access electronic system for the 2 shortened sessions..and what do you think about 1-current cash to futs 20ng price in general--thanks
jf

-----Original Message-----
From: Arnold, John
Sent: Thursday, September 13, 2001 11:25 AM
To: Fraser, Jennifer
Subject: RE: crude buying

the nymex is so technologically incompetent that they have no idea. after working on it for 18 months they're trying to buy are technology now

-----Original Message-----
From: Fraser, Jennifer
Sent: Thursday, September 13, 2001 11:21 AM
To: Arnold, John
Subject: RE: crude buying

oops enymex

-----Original Message-----
From: Arnold, John
Sent: Thursday, September 13, 2001 11:20 AM
To: Fraser, Jennifer
Subject: RE: crude buying

huh?
-----Original Message-----
From: Fraser, Jennifer
Sent: Thursday, September 13, 2001 11:19 AM
To: Arnold, John
Subject: RE: crude buying

how does nymex work?

-----Original Message-----
From: Arnold, John
Sent: Thursday, September 13, 2001 11:11 AM
To: Fraser, Jennifer
Subject: RE: crude buying

all I hear is that all the funds are going to get squeezed as soon as the nymex opens. fuck, i don't know, but I'm not going get long crude hoping to squeeze the funds. lost that game too many times.

-----Original Message-----
From: Fraser, Jennifer
Sent: Thursday, September 13, 2001 11:04 AM
To: Arnold, John
Subject: crude buying

nice move--stats will be very very bullish---especially padd I and II--expect big draws.
jf