Enron Mail

From:weekend@ino.com
To:alewis@enron.com
Subject:Andrew, Precious Metals Sparkle, Energies Flare
Cc:
Bcc:
Date:Sat, 2 Feb 2002 08:18:41 -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, February 2, 2002
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<1< Weekly Market Wrap
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Dear Andrew:

With Gold and Silver shining, commodity futures finished
the week on a high note. Profittaking snapped two winning
stock market sessions, while Treasuries rose and the
Dollar declined on signs the economic economic recovery
will be slow going. Meanwhile, sparks flew in the Energy
markets as a huge oil facility fire in Kuwait touched off
sharp advances that pushed Crude Oil to new highs for the
week. Hogs and Bellies advanced, Cotton sizzled to its
best levels in two weeks, and Coffee staged a late rebound
from new lows. Elsewhere, Cocoa ended quietly higher and
the Grains & Oilseeds complex was dull and boring, with
no fresh news to stir the markets into action.

- 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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