Message-ID: <14055809.1075857655996.JavaMail.evans@thyme> Date: Wed, 21 Feb 2001 00:20:00 -0800 (PST) From: john.arnold@enron.com To: bill.white@enron.com Subject: Re: Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: John Arnold X-To: Bill White X-cc: X-bcc: X-Folder: \John_Arnold_Jun2001\Notes Folders\'sent mail X-Origin: Arnold-J X-FileName: Jarnold.nsf I think so in a month or so. Problem now is that there is so much customer buying on any pullbacks and selling on rallies that the market, with such a flat curve, is going nowhere. That will change, but it's going to take a while. I like it eventually. Bill White@ENRON 02/21/2001 05:39 AM To: John Arnold/HOU/ECT@ECT cc: Subject: Re: Don't know about the front 2 months, but gut feel is that april thru oct at approximately 50% seems like something to own (although I hate flat vol curves). What do you think (long, flat, or short)? John Arnold@ECT 14/02/2001 21:59 To: Bill White/NA/Enron@Enron cc: Subject: