EFTA01949737.pdf

From: Jes Staley Sent: Wed 11/6/2013 6:37:08 PM Subject: Day 6 Our current position is N 17.01 by W 45.11. It was not to last. We ended last evening with the spinnaker up in a light breeze, getting Bequia up to a pleasant 9 knots. We debated whether to keep the "kite" up as the sun set. He have had an occasional, evening lightning flash in the distance, and last evening was more of the same. To be cautious, we took the spinnaker down and reset the yankee and the staysail. Radar can pick up rain showers, and off our port, the radar started to pick up a fairly large cluster of rain clouds. After a half an hour, the radar was showing a sizable thunder cloud, and the flashes of lightening became more frequent. We all felt better having dropped the spinnaker as the wind built quickly. At that moment, you feel a little like the farmer in Kansas, knowing that there is nothing to do but brace. Seumas and I were on watch. It was very dark when the squall hit. Sheets of rain came in waves, you couldn't see a bloody thing, and the winds picked up to 35 knots. We had, fortunately moments before, put one reef in the main. At Seumas' instructions, the goal was to sail down wind as much as possible to lessen the winds effect. It took us an hour and a half of running before the wind to have the storm pass over us. You get very cold and worry a little of lightening. One of the imposed realities of electronics, is that radar will show the speed that a squall is moving. Our thunder cloud last night was terribly slow. Of course the next watch came up smiling, commenting on how the decks needed the cleansing fresh water. Thanks mates. We have passed the half way point, and have less than a thousand miles to go. To night we have a quick, half way party. One Bequia (rum, splash of tonic, and bitters) a piece, ( Btw, Night watches are a little like going out with Andy Cohen, nothing really starts until 2:00 AM, and hour naps are the norm.) Kite is up and starting a new book. Jes Staley Blue Mountain Capital This e-mail is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, the information in this e-mail by persons or entities other than the intended recipient is prohibited and may be unlawful. If you received this in error, please contact the sender and delete the material from any computer. This communication is for informational purposes only. It is not intended as and does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice. Any expected returns are provided for illustrative purposes only and are not intended to serve as, and must not be relied upon by any prospective investor as, a guaranty, an assurance, EFTA_R1_00415147 EFTA01949737 a prediction of a definitive statement of fact or a probability. Investment in funds managed by BlueMountain carries certain risks, including the risk of loss of principal. Unless indicated otherwise, performance results are presented net of fees and expenses. Certain market and economic events having an impact on performance may not repeat themselves. Any comments or statements made herein do not necessarily reflect those of BlueMountain Capital Management, LLC or its affiliates. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS AND NO REPRESENTATION IS MADE THAT RESULTS SIMILAR TO THOSE SHOWN CAN BE ACHIEVED. EFTA_R1_00415148 EFTA01949738