[MRM]

Gnaw, I spoke to Jim over lunch. He's close to Oil and has the straight scoop. The "fix" was announced for the weekend so we'd clean up on the suckers who bought Friday and panic sold this week as the prospect of two more months of full blown gusher reared its ugly head. No, they'll fix it quietly about mid week, keep juicing the media to keep the bad news in the headlines, and the good news will dribble in over the nex couple of weeks, just behind Oil's play.

Mother does think you're cuter, but deep down inside she still likes me better because I bring home the dollars. It's all artsy and elite and high class and everything to develop stuff that sees in the dark for the military, but it's guys who run desks who get the real respect of the Partners in the long run. And watch out for Mother. Keep her happy for goodness sakes. Another dinner with her like the last one and she's likely to throw the California Senate race just to be mean.