to packer submission problems. From the afternoon reports the model projects that the component will be up between +0.35 and +0.55.

The model is now projecting that the cash settlement index for the MMMs will be 81.80 with a range of 81.29 to 82.29. I'm not going to take a long MMM future to cash settlement at this point but I might go short on a sharp move up but I will be willing to convert it to a scalper and grab some profits and run to the bank.

Best wishes,

dhm