Message-ID: <14657778.1075862024855.JavaMail.evans@thyme>
Date: Mon, 12 Nov 2001 10:37:18 -0800 (PST)
From: mike.grigsby@enron.com
To: s..shively@enron.com
Subject: Cash Trading
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Grigsby, Mike </O=ENRON/OU=NA/CN=RECIPIENTS/CN=MGRIGSB>
X-To: Shively, Hunter S. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Hshivel>
X-cc: 
X-bcc: 
X-Folder: \MGRIGSB (Non-Privileged)\Grigsby, Mike\Sent Items
X-Origin: Grigsby-M
X-FileName: MGRIGSB (Non-Privileged).pst

We saw a larger credit spread in the market between EOL and ICE.  EOL Socal cash was trading .08 higher than ICE Socal - We ended up short and the market made it very difficult to buy.  EOL SJ cash traded .10 to .20 cents lower than ICE.  The only point without a credit spread was Opal.

Liquidity picked up slightly from Thursday and Friday, but still slow.

No new counterparty issues.

Grigsby