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To: Gord Bolton who wrote (1758)2/23/1999 10:57:00 PM
From: paul ross  Read Replies (1) | Respond to of 8010
 
He was liquidating a large "cash and carry position", was that a short position? And how would that, specifically, effect the lease rates?



To: Gord Bolton who wrote (1758)2/24/1999 1:07:00 PM
From: Ray Hughes  Read Replies (1) | Respond to of 8010
 
Gord, et. al.:

Does it seem that he talked about backwardation and contango, all in the same breath?

RH