Subject: 24 hour trading
From: [email-masked]
To: [email-masked]
Cc: [email-masked]
Date: Wed, 16 May 2001 10:32:07 -0700 (PDT)

John,
I'm hearing we are thinking about going to 24 hour trading. You are aware that the "machine" in crude is not profitable.  It is my understanding that crude has lost approx.$20MM on this algorithm year-to-date.   (FYI, at 11:00am it was down 132K for today's action)

For whatever it is worth, I'm a seller of this idea.  (Unless of course, someone tells me that something has changed. And if it is fixable, why haven't the crude boys fixed it?)

Frank