Here are our short positions for tomorrow:

1. Oh, the lending...... We're short on peak @ PV, 25 MW under the STWBOM book and 25 under STSW. Please reduce purchase prices to $4 and sell back to El Paso @ $0. Deals are:

723486 - STWBOM buys EPE
	 25 MW @ $72

723488 - STWBOM sells STSW
	 25 MW @ $72

723491 - STSW buys EPE
	 25 MW @ $72

2. Ah, the day-ahead short..... We're also short on peak @ SP15, 25 MW under STWBOM and 17 MW under STCA. SP15 index price for tomorrow is $66.93. Kysa will be entering a purchase from the Imbalance and inter-desk swap @ $66.93 later today.

As always, feel free to call Bill in the middle of the night with questions.

Thanks,
Kate