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---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 12/27/2000
11:30 AM --------------------------- Chris Mahoney 12/26/2000 05:47 PM To: Jeffrey A Shankman/HOU/ECT@ECT, John L Nowlan/HOU/ECT@ECT cc: Subject: BNP PARIBAS Commodity Futures NG & CL COT Reports a/o 12/19/00 any thoughts on why the funds have their smallest nat gas positions on in over a year? margins too high, don't like the risk/reward, i guess are the two most obvious thoughts but perhaps you have something more insightful. I thought the momentum funds would be longer at least in some of the deferred contracts. ---------------------- Forwarded by Chris Mahoney/LON/ECT on 26/12/2000 23:37 --------------------------- michael.byrne@americas.bnpparibas.com on 26/12/2000 14:11:26 To: michael.byrne@americas.bnpparibas.com cc: Subject: BNP PARIBAS Commodity Futures NG & CL COT Reports a/o 12/19/00 (See attached file: CLCOT121900.pdf)(See attached file: NGCOT121900.pdf) ______________________________________________________________________________ _______________________________________________________ Ce message et toutes les pieces jointes (ci-apres le "message") sont etablis a l'intention exclusive de ses destinataires et sont confidentiels. Si vous recevez ce message par erreur, merci de le detruire et d'en avertir immediatement l'expediteur. Toute utilisation de ce message non conforme a sa destination, toute diffusion ou toute publication, totale ou partielle, est interdite, sauf autorisation expresse. L'internet ne permettant pas d'assurer l'integrite de ce message, BNP PARIBAS (et ses filiales) decline(nt) toute responsabilite au titre de ce message, dans l'hypothese ou il aurait ete modifie. ------------------------------------------------------------------------------ ---- This message and any attachments (the "message") are intended solely for the addressees and are confidential. If you receive this message in error, please delete it and immediately notify the sender. Any use not in accord with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except formal approval. The internet can not guarantee the integrity of this message. BNP PARIBAS (and its subsidiaries) shall (will) not therefore be liable for the message if modified. ______________________________________________________________________________ _______________________________________________________ - CLCOT121900.pdf - NGCOT121900.pdf
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