Enron Mail

From:weekend@ino.com
To:alewis@enron.com
Subject:Andrew, Economy Hopes Boost Stocks and Dollar
Cc:
Bcc:
Date:Sat, 24 Nov 2001 08:16:49 -0800 (PST)

W E E K L Y F I N A N C I A L U P D A T E
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- Saturday, November 24, 2001
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<1< Weekly Market Wrap
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Dear Andrew:

Greater hopes for a speedy turnaround in the U.S. economy
helped Equities and the U.S. Dollar advance during a week
cut short by America's Thanksgiving holiday. The Dow Jones
Industrial Average closed at 9,959.71, up 125.03, on Friday
and traders will be watching to see if it can climb above
the psychologically-important 10,000 mark. In a quiet
commodities sector, short-covering and firm cash markets
propelled Cattle and Hog futures higher, while tight
supplies and supportive technicals boosted Sugar to a nine-
week peak. Grains and Soy products were generally quiet and
little changed, although Soyoil enjoyed a sharp gain. Crude
Oil sagged amid a standoff on production cuts, while Silver
continued to lose its shine and dipped to an eight-year low.

- Alex McCallum, Editorial Director & Forum Moderator

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DISCLAIMER - CFTC RULE 4.41 - HYPOTHETICAL OR
SIMULATED PERFORMANCE RESULTS HAVE CERTAIN
LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD,
SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.
ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE
RESULTS MAY HAVE UNDER- OR-OVER COMPENSATED FOR THE
IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS
LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN
GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE
DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR
IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO
THOSE SHOWN.

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