Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Joan Osland Graffius who wrote (4656)	11/30/2001 10:45:16 AM
From: isopatch	Read Replies (2) of 36161

Hi Joan. Exactly. ENE blast wave effects are huge and still expanding outward across the globe. "Son of LTCM" is the label I'm sticking to. This is very big. What about foreign banks involved in financing packages for their overseas operations? Enron has large operations in.....Uh oh. Argentina!! What about the massive hedging programs on the books of many key domestic NG producers, processors, other pipelines and gas utilities??!! Frank gave us the heads up the other day on the LME closing because of Enrons positions, in of all things, COPPER. And we thought these guys were energy and electricity traders. Amazing! And let's have an over and under pool for how many hours it'll be before we hear from Gray Davis and Hotel California. "YOU CAN CHECK OUT...BUT YOU CAN NEVER LEAVE."<lol> Thank God for "Middle America"!! Best regards, Isopatch

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